.sandvikcoromant Domain Information
Applicant Full Legal Name
Sandvik AB
Legal Establishment
Corporation
Applicant Address
Klarabergsgatan 60
Stockholm 111 21
SE
State Jurisdiction
Sweden
Applicant Website
http://www.sandvik.com/
Applied for gTLD
SANDVIKCOROMANT
Domain Registration Status
Closed
Mission/Purpose of Domain Extension
THE MISSION AND PURPOSE OF THE NEW RESTRICTED .SANDVIKCOROMANT gTLD IS TO BENEFIT INTERNET USERS BY ENSURING INCREASED TRUST AND CONFIDENCE THROUGH THE ELIMINATION OF USER CONFUSION AND ASSURANCE OF BRAND AUTHENTICITY. The new .sandvikcoromant gTLD will operate as a restricted registry, in which... Read more
The new .sandvikcoromant gTLD will operate as a restricted registry, in which Sandvik AB (Sandvik) can create and control domain spaces that promote the identity and authenticity of the Sandvik Coromant brand. In this regard, the .sandvikcoromant gTLD will be used by Sandvik, its affiliates and partners to provide information and resources regarding its tool products and tooling services to consumers in a way that promotes trust, confidence and simplicity. Second and third level domains can then be utilised for websites for its tooling products and services, as well as for marketing purposes, with internet users assured of brand authenticity.
Sandvik Corormant is the world's leading supplier of tools, tooling solutions and know-how to the metalworking industry. Sandvik Corormant has 8,000 employees in 130 countries. Sandvik Corormant is part of the Machining Solutions business division of the global industrial and engineering group Sandvik. Sandvik is a leading high-technology engineering group with advanced products and world-leading positions in areas including tooling, materials technology, mining and construction. The company was founded in 1862 and changed its name to Sandvik in 1972. Sandvik now operates in more than 130 countries and has over 50,000 employees worldwide. Sandvik is listed on the Stockholm Stock Exchange and had annual sales of more than SEK 94 billion in 2011. Sandvik invests around SEK 3 billion each year in research and development (R&D), with more than 2,700 employees working on R&D and about 5,500 active patents. In this regard, brand reputation and continuous innovation are paramount considerations in all its activities. The new .sandvikcoromant gTLD will provide a global platform for Sandvik to strengthen its brand online by communicating and interacting with its customers, tailoring innovative online services to suit different customer bases and providing improved searchability and navigation for internet users.
Since the inception of the current domain name system, business activities conducted on the internet are constantly changing and evolving with increased complexity. The volume of commercial transactions over the internet is constantly growing and bringing benefits of simplicity and lowered transaction costs to businesses and consumers. However, at the same time, criminal activities over the internet including data breach, hacking and phishing activities have also become more sophisticated resulting in loss of consumer confidence beyond mere monetary harm. .sandvikcoromant will facilitate greater trust and assurance from internet users connecting with Sandvik online, whilst still allowing convenient and efficient interaction.
Sandvik's mission and purpose of the gTLD share ICANN's initiatives to promote public interest. Sandvik is committed to contribute towards achieving such initiatives in line with ICANN's Affirmation of Commitments, which includes:
- consumer trust: .sandvikcoromant will be operated in a centralised manner with a restrictive registration policy. Registration of domain names will only be available to Sandvik and its affiliate entities, at this stage, which will provide added consumer trust that .sandvikcoromant domain names are trustworthy. As .sandvikcoromant domain names are subject to registration standards, policies and procedures under Sandvik's control, this eliminates the possibility of malicious conduct within .sandvikcoromant;
- competition: the gTLD is not intended to instigate competition and consumer choice at the level of registration of domain names among prospective registrants. Instead it is anticipated to contribute to ICANN's initiatives to promote public interest through its operation focused on promoting consumer trust. Increased trust in the .sandvikcoromant gTLD will drive existing and new top level domain (TLD) registry operators to make improvements in mechanisms to improve consumer trust of their TLDs; and
- consumer choice: the gTLD will enable user-driven improvements and innovations assisting Sandvik's marketing efforts through its ability to create new second and third level domain names on demand. These names will provide the consumers with more choices for interacting with Sandvik. As Sandvik has effective control over the registration and use of domain names under .sandvikcoromant, this will also contribute towards general service innovations on the internet.
Given the restricted nature of the .sandvikcoromant gTLD, the projected number of registration is likely to be limited, with about 5 to 15 domain names to be registered in the first three years. The number of registrations is likely to increase as Sandvik implements new engineering products, services and marketing campaigns.
As the new .sandvikcoromant gTLD expands, Sandvik may consider offering the use of second level domain names to its customers or business parties at a later date. In this endeavour, Sandvik will continue to comply with all operational, technical and policy requirements, as well as maintaining consumer trust and the stability of the internet. Sandvik will keep ICANN reasonably informed of any material developments relating to .sandvikcoromant including compliance with the continued operations instrument obligations as set out in Specification 8 of the Registry Agreement.
Sandvik intends to create relevant domain names for use including engineering products and services at the second or third level. In accordance with registration policy and the proposed measures for protection of geographic names as outlined in response to Question 22, Sandvik will use geographic names to localise its websites in countries in which it operates. The use of geographic names is intended to:
- connect internet users with relevant information as applicable to the territory; and
- comply with required rules and regulations in the national territory.
Sandvik Coromant is a well-recognised global brand with its "SANDVIK COROMANT" trademark registered in around 130 countries and territories for the following categories: Metal goods including various steel products (Class 6); Machinery and machine tools (Class 7); Hand tools (Class 8); Electrical and scientific apparatus (Class 9); Surgical apparatus (Class 10); Environmental control (Class 11); Vehicles (Class 12); Precious metals and their alloys (Class 14); Building, construction and repair services (Class 37); and Telecommunications (Class 38).
Sandvik has existing domain names with an exact match to its "SANDVIK COROMANT" trademark and the applied-for .sandvikcoromant string in the following spaces:
- gTLDs: sandvikcoromant.com, sandvikcoromant.mobi, sandvikcoromant.net and sandvikcoromant.org
- ccTLDs: sandvik-coromant.de, sandvikcoromant.eu and sandvikcoromant.se
Sandvik believes that the .sandvikcoromant gTLD is unlikely to cause confusion with either a generic term or any existing TLDs. Sandvik Coromant trademarks are a leading global brand with significant reputation around the world. Sandvik has used the term Sandvik Coromant in conjunction with its tooling businesses for over 40 years. As such, Sandvik Cororomant is well known for being a world leader in innovative tools and tooling solutions.×