Domains bring high costs to business

Domains bring high costs to business

The seven new top-level internet domains, recently ratified by Icann (Internet Corporation for Assigned Names and Numbers), could cost big business more than £50,000 to maintain.

The warning comes from analyst Gartner, which says global companies could be worst affected.

With the addition of seven domains, along with the ongoing exploitation of more than 150 existing domains, including country-specific addresses, the average global enterprise will be forced to register some 300 name variants by 2001. Gartner said maintaining a worldwide presence of this scale could cost businesses about £50,000.

Audrey Apfel, vice-president and research director at Gartner, said: ‘Organisations have mistakenly assumed that having a domain name with ‘.com’ was enough. Being in ‘.com’ does not mean you are ‘.done’.’

Gartner advises any organisation that has or plans to have an internet presence to develop a domain naming strategy that goes beyond ‘.com’, with multiple names registered in multiple registries.

Factors that will play a part in burning up £50,000 are marketing and branding, legal exposures and liability, registering misspellings and related domains such as -sucks.com and non-English variants.

‘The addition of these seven new high-level domain names by Icann is onlythe tip of the iceberg – organisations must register names in multiple registries for both offensive and defensive purposes, but with the knowledge that no one can cover all the options,’ said Apfel.

‘The future will bring more options, not less. Organisations with no plan for adapting their domain naming strategy to these changes do so at their own peril.’

First published on uk.internet.com.

Links

New top-level domain names targeted

Seven new domain names approved

First UK domain protector launch.

Dotcom domains are running out

  • To search for and purchase a domain name with AccountancyAge.com, click here.
Share

Subscribe to get your daily business insights

Resources & Whitepapers

The importance of UX in accounts payable: Often overlooked, always essential
AP

The importance of UX in accounts payable: Often overlooked, always essentia...

1m Kloo

The importance of UX in accounts payable: Often ov...

Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

View article
The power of customisation in accounting systems
Accounting Software

The power of customisation in accounting systems

2m Kloo

The power of customisation in accounting systems

Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

View article
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

2m Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

View article