Heficed launches IP Address Market to become IPXO

Heficed has announced that it will be detaching its solution for streamlined IP leasing - the IP Address Market - from the company’s current product suite, and launch it under a new platform - Internet Protocol Exchange Organization, or IPXO. The new brand will provide cloud-based and fully API-driven SaaS products, easily integrated into startup businesses, as well as large telcos’ infrastructures, to help them meet their IP needs.

Heficed efforts to supply the market with IP automation solutions can be traced to their product IP Address Market, first launched in 2019, and, at the time, it was the only global self-service IP management platform on the market. Now, the company feels that the concept of IP leasing has outgrown its current position as part of Heficed’s framework, therefore will continue to grow and improve as a separate business entity. The full switch will be made at the beginning of 2021.

The company’s decision to move the IP Address Market to IPXO will put Heficed on the fast track to becoming a leading trendsetter in the IP lease industry. IPXO will be a game-changing platform, paving the way for more efficient network resource governance and traffic policing.

“We want to better acquaint the network community with the concept of IP leasing and emphasize its strengths as a prominent and secure solution for SMEs, as well as larger enterprises“, stated Vincentas Grinius, CEO at Heficed.

Grinius revealed that Heficed is currently in talks with a few potential internet architects with the purpose of assembling a well-suited team to put in charge of building and iterating the new product roadmap, supporting one of the main goals of the company – to contribute to sustainable internet governance. In the meantime, Heficed will continue to focus on infrastructure and cloud, as well as IP transit and bare-metal solutions.

Christian Dawson, currently the Executive Director and Co‐founder of the i2Coalition, has highlighted the subject of IP leasing as one of the key aspects when it comes to making sure there are sufficient IPv4 allocations available to “people trying to do good things” and to push the Internet forward.

Unregulated subleasing in an open market exists, however it leads to a ton of problems, such as excessive price gouging and lack of methods to deal with abuse.