I can see a lot of people asking about intended use cases here. I can imagine this as part of a toolchain for making legacy COBOL code 'serverless'. There's a lot of value in that.
I'm in my second or third project facing this very issue right now.
We run a lot of Java and C# and have migrated most things to various cloud solutions. But, we ofc still run some medium sized iron for all the COBOL. I doubt we'll migrate away from it since we have the devs, but for similar systems I think it could prove useful.
We'll all take a look at it later today! Fun with COBOL news that aren't paywalled =)
Let me know if your company needs any particular features from a third-party COBOL dialect. We could work together to implement compiler support for those and ensure it works with your codebase.
COBOL really needs more free and open source stuff, I'm hoping I can help.