March 8th 2023
Verisign has announced a 7% increase in .com prices to take effect on September 1, 2023. This follows a similar increase announced in 2022. The wholesale price for .com domains will increase from $8.97 currently to $9.59 after the increase and doesn't include ICANN's 18 cent fee. Registrars mark the price up to cover payment processing, technical and support costs, and profit. Under its agreement with ICANN and the U.S. government, Verisign is allowed to increase prices by 7% per year in the last four years of every six-year contract term. This will be the third hike of this contract term, and the company is expected to increase .com prices to $10.26 in 2024. With the increase in the number of new domain registrations measured in millions every year, what's the justification for this increase? Do you collect domain names and what effect will this have on your decision to do so?
North American data center leasing reached record levels and vacancy fell to a record low in 2022 according to the CBRE North American Data Center Trends Report. The report indicated tight market conditions and escalating energy and construction costs caused primary-market average asking rents to increase 14.5% year-on-year to US$137.90 per kW. This has been the first year-on-year increase in pricing since 2017. The report notes that demand from enterprise users and cloud service providers remains very strong, particularly as companies continue to adopt hybrid work strategies and prioritize private cloud networks. In our Industry News section there are frequent reports of new datacenter builds, not just in North America but across the whole world. The pandemic is likely to be partly responsible, with companies unable to rely on staff availability to maintain in-house equipment, causing something of an exodus to datacenters able to manage equipment and infrastructure for them. Will this boom continue or should we expect demand to level off? Has your use of datacenter facilities changed over the past year or so or, as a DC operator, do you notice a particular rise in demand?
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Our Industry News section is the place to find current headlines from around the world of hosting and infrastructure, but other general interest threads pop up in other sections of the forum, especially The Lounge. Here we we highlight just some of the interesting news items from around the forum:
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