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An ITU cut and paste job for new TLDs could cost $150k by Chris Wright, AusRegistry International

Posted By Vrytek On Tuesday, July 12th 2011 In Domain News | Tags: ausregistry, Development., Domains, Governance, International, Internet, Registry, Understanding | 
An ITU cut and paste job for new TLDs could cost $150k by Chris Wright, AusRegistry International

It was with great interest that I read a recent announcement about a plan by the International Telecommunications Union (ITU) to publish template answers on a wiki for the 22 questions relating to registry technical operations contained within ICANN’s new Top-Level Domain Applicant Guidebook. As someone who has spent the best part of six years following the development of the program (witnessing first-hand each evolution of the Applicant Guidebook) my first thought was one of bemusement – How can a generic solution taken “off the shelf” accurately demonstrate whether an applicant is capable of understanding the technical requirements for setting up and operating a new Top-Level Domain? Quite frankly, it can’t. The application process for new Top-Level Domains (TLD) has been carefully designed by ICANN to thoroughly examine whether an applicant has performed the required research to adequately understand what it means to own and operate a vital piece of Internet infrastructure. Operating a TLD is a huge responsibility that should not be taken lightly. The application process has been created in its current format to determine this. For the applicant, the risk of landing in Extended Evaluation, ICANN’s special audit system for applications that require further attention, is far too great to be toying with a one size fits all approach. In an attempt to save money, applicants will instead be at risk of losing at least $150,000 should their application fail the evaluation criteria set by ICANN. While consultants working closely with the ITU are correct in stating that applicants do not have to be currently operating Domain Name Registry Systems, they still must identify the technical solution that supports the specific Registry requirements of the application in question. The financial and organisational descriptions must do the same. The solution proposed by the ITU becomes even more unrealistic when you consider the following: Registry technical operations must identify the intended registry system specifications such as: domain name lifecycle, servers, software, infrastructure, data centres, bandwidth providers, policies & procedures etc. Those who know will agree that this is impossible to do generically. Any Registry Services provider worth a pinch of salt is offering the ‘technical operations’ component of the application free of charge with their back-end registry services solution. One has to question whether the approach suggested by the ITU is one that delivers a significant increase in risk without actually delivering any tangible cost reduction? This is not a turnkey solution. Applicants will still be required to provide answers to non technical and financial sections, answers which need to be consistent with the information provided in the technical sections of the application, so those who consider the ITU’s approach will struggle to establish consistency throughout all sections of the application. Without having properly researched, designed and finally settled on a technical solution, whether that be to outsource to industry experts, or build in-house, Applicants will not have the ability to identify information for other areas of the application such as Registry set up and operational costs that will be critical to the successful development of sound and accurate financials. Further, how will applicants be able to demonstrate to ICANN that the technical specifications provided can be delivered on? From my perspective, taking answers from another entity (whose content has no relation to any registry system (real or proposed)) clearly demonstrates two things: 1) You are proficient with the cut and paste function of your keyboard and; 2) You clearly lack the understanding necessary to manage a critical piece of Internet infrastructure such as a new Top-Level Domain. As any high school student can tell you, cutting and pasting answers from a wiki is prone to failure. Although the ITU claim that only ‘approved contributors’ will be able to edit the information, it is unclear how someone would be granted ‘approved contributor’ status. With the highly competitive nature of the TLD process, Applicants should be aware that the accuracy of the information contained within the template has the potential to be highly dubious and potentially even prone to subtle sabotage. I have no doubt that ICANN’s evaluators will be on the lookout for these responses, just like any good teacher would do. The message to prospective applicants here is simple: If you show disrespect to the evaluators and don’t give the technical criteria of your application the attention it truly deserves, then why should they take your application seriously. I am left with two equally horrifying questions: 1). Is this simply an attempt by the ITU to devalue and undermine the entire new TLD application process (and therefore ICANN)? 2). Does anyone at the ITU truly understand the goals of the application process and what it is intended to do? Were the ITU’s ambitions truly altruistic, they would spend their efforts providing capability advice and skills to the community. This approach would be useful and would not water down the quality of submissions to ICANN, as this solution almost certainly will. Finally, this blog does not set out to be self-serving. Yes, there is a level of confidence that comes with choosing a back-end registry provider that is established and experienced. However, ICANN has ensured that anyone who can fulfil the technical requirements will be awarded a TLD Registry. So, the point I am making is that the process of fulfilling the technical requirements of a new TLD Registry involves more than a simple cut and paste. It requires communicating a level of understanding that a new TLD is a piece of mission critical infrastructure and that there are enormous responsibilities that come with this. This posting by Chris Wright, Chief Technology Officer at AusRegistry International , was sourced from: www.ausregistry.com/blog/?p=823

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Go Daddy Sold For $2.25B To Trio Of Private Equity Firms

Posted By Vrytek On Saturday, July 2nd 2011 In Domain News | Tags: additional, announcement, chief-executive, registrant, Registrar, silver, silver-lake, technology, Understanding, web-hosting | 
Go Daddy Sold For $2.25B To Trio Of Private Equity Firms

Go Daddy, the world’s largest registrar, has entered into a partnership with a trio of private equity firms in a deal that values the company at $ 2.25 billion. The purchase by KKR & Co., Silver Lake Partners and Technology Crossover Ventures includes assumption of the company’s debt according to an announcement on Friday afternoon US time and will see Bob Parsons, founder and chief executive officer, keeping a minority stake in the company. “What these guys see is a company with a lot more potential internationally and more potential to make partnerships and acquisitions,” Bob Parsons, the company’s chief executive and founder, said. “They’ll help us finance and they’ll help us recruit talent.” KKR, Silver Lake and TCV are aiming to benefit from growth of the Internet, using Go Daddy’s predictable revenue stream and 9.3 million global customers from 48 million domain names to expand and pay down debt taken on to finance the transactions. “I’ve always said we would make a move like this when the right deal with the right partners could help us do the right thing for our customers and our employees,” said Go Daddy CEO and Founder Bob Parsons. “This is it! We are partnering with KKR, Silver Lake and TCV because of their technology expertise, their understanding of Web based businesses and because their values align with ours. We believe, together, we will take the company to the next level, especially when it comes to accelerating international growth.” “We’re just at the beginning of the Internet in terms of all the additional services a registry can sell to companies,” said Lou Kerner, managing director of the private-shares group at Wedbush Securities Inc. in New York, before the announcement. “Go Daddy is powerfully positioned for future growth as it continues to innovate and add to its truly unique platform of cloud-based software and services, said Greg Mondre, Managing Director, of Silver Lake. “At the same time, we plan to maintain and augment all of the attributes that have made Go Daddy a clear market leader today, including world class customer support and competitive pricing for its 9.3 million customers.” Go Daddy is growing rapidly, not just in domain names but also web hosting and SSL certificates, with sales growing by 25 per cent to $947 million from 2009 to 2010, and the company projects its figure for 2011 to be $1.1 billion. “In Go Daddy, we are pleased to be partnering with a high-growth market leader and an outstanding team,” said Herald Chen, head of KKR’s software and Internet effort. “Building on Go Daddy’s exceptional customer service and loyal customer base, we believe there is significant opportunity to expand the current portfolio of products and services as well as accelerate growth internationally.”

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Major Web-Hosting Failure KO’s Track Sites

Posted By Vrytek On Sunday, April 24th 2011 In General News | Tags: Amazon, button, issue-knocked, major-failure, Online, popular, problem, Understanding, writing | 
Major Web-Hosting Failure KO’s Track Sites

In case you’ve been wondering why you can’t get to some of your favorite places, here’s a note that currently appears at the popular site milesplit.com:

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Demand Media Sets Terms for $112.5M IPO – Web Host Industry Review

Posted By Vrytek On Friday, January 14th 2011 In General News | Tags: aol, Companies, demand-media, more-affordable, refine-the-way, social, stock-exchange, Understanding, web | 
Demand Media Sets Terms for $112.5M IPO – Web Host Industry Review

A screen shot of Demand Media’s website (WEB HOST INDUSTRY REVIEW) — Social media company Demand Media ( www.demandmedia.com ) announced on Wednesday it has set the terms for a $112.5 million initial public offering. The move follows the company’s announcement in August that it would offer an IPO of up to $125 million .

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Demand Media Sets Terms for 1125M IPO

Posted By Vrytek On Friday, January 14th 2011 In Hosting News | Tags: aol, Business, Companies, Cost, demand-media, from-the-sale, media, refine-the-way, stock-exchange, Understanding | 
Demand Media Sets Terms for 1125M IPO

A screen shot of Demand Media’s website (WEB HOST INDUSTRY REVIEW) — Social media company Demand Media ( www.demandmedia.com ) announced on Wednesday it has set the terms for a $112.5 million initial public offering. The move follows the company’s announcement in August that it would offer an IPO of up to $125 million .

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PEER 1 Hosting completes SAS 70 Type II and CICA 5970 Audit

Posted By Vrytek On Saturday, August 21st 2010 In Hosting News | Tags: customers, Design, entry, finance, Hosting, Hosting News, Industry, internal, managed-hosting, north, press, press-releases, processes, Understanding, vancouver | 
PEER 1 Hosting completes SAS 70 Type II and CICA 5970 Audit

Web Hosting News – VANCOUVER, BC – PEER 1 Hosting (TSX:PIX), a global online IT hosting provider, today announced it has successfully completed two independent audits of its selected controls, processes and procedures in compliance with the American Institute of Certified Public Accountants’ (AICPA) Statement on Auditing Standards (SAS) No. 70 for service organizations and the Canadian Institute of Chartered Accountants (CICA) Section 5970 for the period from January 1, 2010 through June 30, 2010.  SAS70 Type II and CICA 5970 audits are widely recognized within the industry as rigorous and stringent benchmarks for service organizations, and they require a thorough audit of the internal controls of the service organization by a licensed independent auditor. The SAS 70 Type II and CICA 5970 audit reports are intended to provide PEER1 Hosting’s customer organizations and their auditors with information sufficient to obtain an understanding of those aspects of PEER 1 Hosting’s controls that may be relevant to their internal controls over financial reporting and thereby aid in assessments of business risk for customer organizations.   A Type II report not only includes the service organization’s description of existing controls, but also includes detailed testing regarding the design and operating effectiveness of the service organization’s controls.

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PEER 1 Hosting completes SAS 70 Type II and CICA 5970 Audit – MyHostNews.com (press release)

Posted By Vrytek On Saturday, August 21st 2010 In General News, Hosting News | Tags: customers, Design, entry, european, finance, Hosting, Hosting News, Industry, managed-hosting, north, press, press-releases, processes, Understanding, vancouver | 
PEER 1 Hosting completes SAS 70 Type II and CICA 5970 Audit – MyHostNews.com (press release)

Web Hosting News – VANCOUVER, BC – PEER 1 Hosting (TSX:PIX), a global online IT hosting provider, today announced it has successfully completed two independent audits of its selected controls, processes and procedures in compliance with the American Institute of Certified Public Accountants’ (AICPA) Statement on Auditing Standards (SAS) No. 70 for service organizations and the Canadian Institute of Chartered Accountants (CICA) Section 5970 for the period from January 1, 2010 through June 30, 2010.  SAS70 Type II and CICA 5970 audits are widely recognized within the industry as rigorous and stringent benchmarks for service organizations, and they require a thorough audit of the internal controls of the service organization by a licensed independent auditor.

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