Businesses say no to newer domain suffixes ... but the web continues to expand regardless internet-delivered services, like Knowledge Technology Solutions (KTS). With the likelihood of all-in-one home entertainment systems incorporating television, radio and the internet entering many more homes in coming years, the potential for profit is immense. So everything is on the up. Or so you’d think. his was a fantastic year for many web companies and websites, making it the strongest ever for internet growth. It also has marked something of a renaissance for the whole online industry. With the wild success of Google as a publicly quoted company, eBay’s meteoric rise that continues unabated, and our own humble FriendsReunited being snapped up by ITV for over £100m, suddenly dot coms are once again this year’s fashion item. T With the proceeds of its multi-billion dollar flotation, Google has been able to consolidate its position as the world’s most popular search engine, offering an index of eight billion URLs linked to the 74,572,794 websites in the world (source: recent survey by Netcraft). It is not just the profits of the well-known dot com companies like Google and eBay that are soaring, the whole of the web is still rapidly expanding. This year, tens of thousands of new websites were created every day. In fact, in 2005 to date, over 17.5 million new sites were registered. This astonishing rate of growth is even faster than the height of the dot com boom in 2000, when 16 million new sites were born in that year. And it’s not only new online enterprises or pure dot com plays that have thrived. Broadband internet service providers have bagged millions of new users too, while consumers’ growing desire for real-time services has contributed greatly to the success of live news websites and companies offering specialist real-time The web universe is still expanding, at faster rate even than during the dotcom boom in 2000 But one element of the web that is lagging behind the rest has been the reception given by businesses to some of the newer domain name suffixes. Launched in 2000, the domain suffixes .tv and .biz have both struggled to make a significant impact. Even .net hasn’t fared that much better. Take-up of the new suffixes has been limited at best, with new websites and companies mainly plumping for the established .com and .co.uk suffixes. So why have the newer suffixes failed to take off? The answer is simple. Credibility. At KTS, we suspected part of the problem is that the newer suffixes simply lack the established lustre of the .com and .co.uk equivalents. Therefore, we tested this theory by running a survey aimed at bosses of smaller-to mediumsized enterprises. We asked 182 owner managers what they thought about how a dot com domain name suffix impacts on their business’s branding and image. For the newer suffixes, a massive 74 per cent of respondents said they detracted from a company’s brand image. Some even described them as sounding ‘cheap’ or ‘unprofessional’. Of course, small things often have big impacts in business, so it’s unsurprising that the suffixes have been avoided if they carry such negative connotations in the minds of the senior executives. With each one of us spending more and more news January 2006 The quarterly newsletter of Knowledge Technology Solutions PLC, provider of real-time streaming financial data services of our time surfing the net or buying goods and services online, how a brand is delivered over the web is bound to play an increasingly important role in the success or failure of any business. But even before we ran our survey, there were obvious precedents to suggest that the newer suffixes wouldn’t take off. Many websites which began life as .net sites converted to .com as soon as they could, long before the .biz and .tv suffixes were mooted. The Dixons Group’s first ISP was known as freeserve.net, but quickly became freeserve.com when it became a company in its own right, before being taken over by French internet giants Wanadoo. On-line auction site eBay launched with a .com suffix in America, and when the time came to launch a sister site for the UK in 2000, the firm opted for a .co.uk suffix – eBay.tv, eBay.biz and eBay.net were rejected, and eBay.co.uk was born. The eBay executives would undoubtedly have been aware of the potential benefits of being a trendsetter with one of the newer suffixes, but opted for the established .co.uk instead. The fortunes of the new suffixes are unlikely to get much better. Fifty-nine per cent of bosses ranked .co.uk as the most credible suffix in the poll, with .com taking 35 per cent and .biz the remaining six per cent of the popular vote. None of the bosses ranked the .net and .tv suffixes as the most credible, according to the poll. Knowledge Technology Solutions PLC, 8th Floor, Finsbury Tower, 103-105 Bunhill Row, London EC1Y 8LZ tel +44 (0)20 7256 2300 support +44 (0)845 226 0060 [email protected] www.ktsplc.com One service to bind them In order to streamline our services and simplify client pricing and upgrading, the New Year sees the end of our UK-only ktsQuoteTerminal service, as it will be incorporated into our flagship international ktsMarketTerminal service. This benefits clients and KTS alike. For clients, it streamlines the pricing regime and makes it much easier to select their preferred feed options. It also simplifies the process of upgrading a subscription, in that new feeds can simply be switched on and the billing adjusted accordingly. Previously, if clients wanted to move from a UK to an international service, they had to make a large leap from ktsQuoteTerminal to ktsMarketTerminal. Now, the gap is seamless, and they can pick and choose incrementally. For KTS this means we have a much stronger brand, without the confusion over which service provides which information. It also makes our support and documentation more targeted and focused. the main reason for this transition is to open up ktsMarketTerminal for ktsQuoteTerminal users In one respect this is a major transition, and to this end we have sent letters informing users of the changeover. However, users really shouldn’t notice any difference in operation: ktsMarketTerminal operates in exactly the same way as ktsQuoteTerminal and provides exactly the same features and UK data. ktsQuoteTerminal was simply a subset of ktsMarketTerminal in terms of available exchanges. The only difference will be the name ‘MarketTerminal’ used throughout (on headers and footers and help pages, for example), and the ktsMarketTerminal logo on the Main Contents page rather than ktsQuoteTerminal. Hower, to reiterate, the main reason for this transition is to open up ktsMarketTerminal for ktsQuoteTerminal users. Therefore, if you have any queries about ktsMarketTerminal, such as new international price or news feeds, please contact your KTS account manager by calling +44(0)20 7256 2300. Also, even though the services work in exactly the same way, if you have any queries about how to log on or use ktsMarketTerminal features then, as always, our best-in-class support team is ready to take your call and advise you: simply call 0845 226 0060 to speak to them. YourBrand: Reach and score We often promote the benefits of our ASP (Application Service Provision) technology in terms of ease of deployment and low cost of ownership. However, an important aspect of ASP is the immediacy with which we can reach our clients with any message. And this doesn’t have to just be financial information: by accessing client screens we are making an important statement about our brand, in that our services are accessible and professional and therefore, so are we. With this in mind, we recently launched the Yo u r B r a n d ™ programme. This enables you to provide your own b r a n d e d ktsMarketTerminal as a service to your clients, and carries with it similar benefits. Firstly, you improve your brand visibility. Imagine your client screens all showing your logo and telephone number for instant recognition. It’s a powerful statement, reinforcing the idea that you provide your clients with the best in financial information. You also differentiate yourself from your competitors, in that you provide a bandwidthlight, easily deployed service to your clients. The beauty of ASP lies in its fuss-free maintenance and deployment, so you don’t need to worry about setting up or maintaining ktsMarketTerminal, and they don’t experience the disruption associated with the installation of more traditional solutions. in recognition that a brand is far more than just a logo, your brand is strengthened by association... this is why we call it YourBrand. That’s the brand message. However, this direct approach can also be more tangible, in that you are able to send messages to clients via ktsMarketTerminal, analyse client usage via reports, and enable them to integrate with other web-based applications. In other words, empower them, all within the contract of providing a service. When combined, these benefits yield a powerful stimulus to your client relationship. And, in recognition that a brand is far more than just a logo, your brand is strengthened by association: you provide your clients with an efficient, easily maintained financial service, and thereby empower them. By implication, you are seen as empowering. This is why we call it YourBrand™ – reach your clients and promote your brand. We call it YourBrand™, you call it a result. For more details, visit yourbrand.marketterminal.com. The Knowledge: Excel The current edition of The Knowledge (the supplement to KTS News) focuses on an important aspect of ktsMarketTerminal – integration with Excel. Everyone needs to link with Excel and other applications, particularly Word for producing reports and Powerpoint for presentations. Therefore, The Knowledge discusses exports, chart exports, live price streaming, the stock screener and the clipboard. clients can have their spreadsheets set up by our best-in-class service team, or we can even come round to take you through this Between them, these methods offer immediate, versatile and powerful ways in which to pull both active, real-time pricing and static, historical information from different areas of ktsMarketTerminal. The clipboard is probably the easiest to use, being directly analogous to the Microsoft Office clipboard, in that you can copy and paste the KTS symbols for the page you’re looking at, into any other application. Exports offer a customisable Excel file export feature of fundamental data, which you can run quickly and easily, whereas Chart exports can pull historical data from charts. The Screener lets you also pull Excel-compatible information from our fundamentals database. Streaming live prices to Excel is perhaps the most involved process but this is also an opportunity, in that clients can have their spreadsheets set up by our best-in-class service team, or we can even come round to take you through this. Meet and greet Hagen Geissler, Analyst Developer Hagen, 24, has a varied technical background. He has worked at Pixel Park, one of Germany’s leading software houses. He also did contract work in Germany developing a hospital patient tracking system, a communication system for Infortex, and a courier service management system for Bamboo Software. On coming to London Hagen developed a webtracking system for Fyicreative, which is how he eventually found himself at KTS in the City. Knowledge Technology Solutions PLC, 8th Floor, Finsbury Tower, 103-105 Bunhill Row, London EC1Y 8LZ tel +44 (0)20 7256 2300 support +44 (0)845 226 0060 [email protected] www.ktsplc.com
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