Before deciding what the company would really do, the men had to settle on a name. From working in the Chicago business world, Wales jokingly referred to them as 'bitter old men in suits.' The name stuck in the form of an acronym, BOMIS, although officially both men say the name stands for nothing.
Perl is the most popular language for creating CGI programs. Perl is the acronym for Practical Extraction and Report Language. Every computer platform supports this language and hence widely used.