The internet is running out of room.
The regulator in charge of issuing internet protocol (IP) addresses has warned that it will run out of the essential online monickers in less than two years.
IP addresses are numerical codes that use four groups of figures between 0 and 255 to provide access to the internet for as many as 4 billion devices.
The past few years have seen a boom in the number of devices connecting to the internet as the cost of Web access has fallen.
Equipment such as household appliances that can be controlled remotely through the internet have also contributed to the increasing demand for space on the Web.
Since the 1980s, the regulator has assigned IP addresses under a standard called IPv4, which is reaching its limit. Another standard, IPv6, is capable of providing a near-infinite number of Web addresses but has not been widely incorporated.
"Many decision makers don't realise how many devices require IP addresses - mobile phones, laptops, servers, routers - the list goes on," said Raul Echeberria, the secretary of the Number Resource Organisation.
"The number of available IPv4 addresses is shrinking rapidly, and if the global internet community fails to recognise this, it will face grave consequences in the very near future."
The concern that is keeping IT managers up at night is that everything connected to the internet that uses IPv4 technology will be rendered obsolete as soon as it runs out of available connections.
An estimated 10 per cent of IP address capacity remains under the IPv4 standard.
"It's going to be a lot like what happened with the Y2K bug, except this time it's real," said Ahtram Pirzada, a support engineer for Al-Futtaim Technologies.
Mr Pirzada said that anyone owning electronic equipment that was not IPv6 compatible would have to upgrade it or replace it with new equipment.
While the impact on the region's IT budgets will be felt over the next two years, Mr Pirzada does not expect too many disruptions when IPv4 addresses have been exhausted.
"This won't be too much of a problem because companies already have upgrade policies set in place that will get new devices that will be IPv6 compatible," he said.
dgeorgecosh@thenational.ae
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The alternatives
• Founded in 2014, Telr is a payment aggregator and gateway with an office in Silicon Oasis. It’s e-commerce entry plan costs Dh349 monthly (plus VAT). QR codes direct customers to an online payment page and merchants can generate payments through messaging apps.
• Business Bay’s Pallapay claims 40,000-plus active merchants who can invoice customers and receive payment by card. Fees range from 1.99 per cent plus Dh1 per transaction depending on payment method and location, such as online or via UAE mobile.
• Tap started in May 2013 in Kuwait, allowing Middle East businesses to bill, accept, receive and make payments online “easier, faster and smoother” via goSell and goCollect. It supports more than 10,000 merchants. Monthly fees range from US$65-100, plus card charges of 2.75-3.75 per cent and Dh1.2 per sale.
• 2checkout’s “all-in-one payment gateway and merchant account” accepts payments in 200-plus markets for 2.4-3.9 per cent, plus a Dh1.2-Dh1.8 currency conversion charge. The US provider processes online shop and mobile transactions and has 17,000-plus active digital commerce users.
• PayPal is probably the best-known online goods payment method - usually used for eBay purchases - but can be used to receive funds, providing everyone’s signed up. Costs from 2.9 per cent plus Dh1.2 per transaction.