If you mean to fill everything to the right of the curve (you wrote "to the right", did not you?), try this:
RegionPlot[y > ArcCot[x], {x, 0, 1.1}, {y, 0.5, 2},
AxesLabel -> {x, y}]
In response to your doubts: all this in your hands.
This is without extra axes:
RegionPlot[y > ArcCot[x], {x, 0, 1.1}, {y, 0.5, 2}, AxesLabel -> {x, y}, FrameTicks -> {Automatic, Automatic, None, None}]
This is without off-set:
RegionPlot\[y > ArcCot\[x\], {x, 0, 1.1}, {y, 0.5, 2},
AxesLabel -> {x, y}, PlotRangePadding -> 0\]][3]
This is with a blue boundary, rather than gray one:
RegionPlot[y > ArcCot[x], {x, 0, 1.0}, {y, 0.5, 2},
AxesLabel -> {x, y}, PlotRangePadding -> 0,
FrameTicks -> {Automatic, Automatic, None, None},
Frame -> {True, True, False, False},
BoundaryStyle -> {Blue, Thickness[0.005]},
PlotRange -> {{-0.1, 1.1}, {-0.1, 2.1}}]
and this is, if you like to have in blue only the line ActCot[x]:
Show[{
RegionPlot[y > ArcCot[x], {x, 0, 1.0}, {y, 0.5, 2},
AxesLabel -> {x, y}, PlotRangePadding -> 0,
FrameTicks -> {Automatic, Automatic, None, None},
Frame -> {True, True, False, False},
PlotRange -> {{-0.1, 1.1}, {-0.1, 2.1}}],
Plot[ ArcCot[x], {x, 0, 1.0}, PlotStyle -> {Blue, Thickness[0.005]}]
}]
Have fun!