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Similar to the dedicated web hosting service, but the user owns the colo server; the hosting company provides physical space that the server takes up and takes care of the server. This is the most powerful and expensive type of web hosting service. In most cases, the colocation provider may provide little to no support directly for their client's machine, providing only the electrical, Internet access, and storage facilities for the server. In most cases for colo, the client would have his own administrator visit the data center on site to do any hardware upgrades or changes. Formerly, many colocation providers would accept any system configuration for hosting, even ones housed in desktop-style minitower cases, but most hosts now require rack mount enclosures and standard system configurations.
Migration or transfer services are often free or offered at a reasonable fee at web hosting companies. These services help move your existing site to the new hosting provider. They can save a huge amount of hassle. Just remember that the migration process is often automated, and may fit in with the host's processes and needs rather than yours. Not everything may migrate, and you may find the organization of the newly migrated site makes for harder maintenance in the long run.
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The last 2 years of tracking GoDaddy shared hosting has shown us an uptime of 99.97% and page speed around 554 ms which shows us that GoDaddy is a reliable provider. GoDaddy is an excellent solution for building custom websites as it comes with a simple drag-and-drop website builder (GoCentral) designed for beginners. It also features developer-friendly tools like MySQL, cPanel, CloudLinux, Python, and multiple versions of PHP.	
How To Choose The Best Web Hosting For Your Needs - 8 Types Of Hosting Explained
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