In late January, the first new generic Top-Level Domains (gTLDs) .bike, .clothing, .guru, .holdings, .plumbing, .singles and .ventures went live and many more such as .bid, .science and .pub are expected to follow, as companies look to expand their presence on the Internet.
Iron Mountain Inc. (NYSE: IRM) is playing a prominent role in this expansion and has been chosen to protect the data for more than 70 percent of all new gTLDs.
A top-level domain is the portion of the domain name appearing to the right of the dot. Over the past eight years, ICANN, the Internet Corp. for Assigned Names and Numbers, has been working on the new gTLD program, which is intended to meet the demand for memorable web addresses, expand consumer choice and increase industry competition. Today, in addition to the 22 existing gTLDs, which include familiar suffixes like .com, .org and .net, more than 170 new gTLDs such as .careers, .movie and .futbol have been delegated and the registries supporting these gTLDs are starting to accept domain name registrations. ICANN forecasts more than 1,300 new gTLDs could be available in the next few years.
Iron Mountain is a provider of storage and information management services. Visit www.ironmountain.com for more information.