STOCK TITAN

India’s First Commercial Data Center completes 21 years in Operation

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Sify Technologies Limited (NASDAQ: SIFY) marks the 21st anniversary of its Vashi Data Center, India's first commercial facility. Established in 2000, Sify now operates 10 data centers, with plans to expand its capacity by 200 MW over the next four years. The company emphasizes its pioneering role in the data center business in India and its capability to support digital transformation through advanced solutions. Key features include strong connectivity, high uptime, and earthquake-resistant infrastructure, catering to over 10,000 businesses nationwide.

Positive
  • Established 21 years of uninterrupted operations at Vashi Data Center.
  • Plans to expand data center capacity by 200 MW in the next 4 years.
  • Currently operates 10 carrier-neutral data centers, offering over 70 MW IT Power.
  • Strong market position with over 10,000 businesses leveraging its services.
Negative
  • None.

Sify’s facility at Vashi was the first of the 10 Company-owned Data Centers

Chennai, Tamil Nadu, Sept. 20, 2021 (GLOBE NEWSWIRE) -- Sify Technologies Limited (NASDAQ: SIFY), India’s most comprehensive ICT solutions provider today announced that its Data Center at Vashi, the first commercial Data Center in India, completed 21 years of uninterrupted operations.

Sify Technologies expanded into the Data Center business in the year 2000. Sify has built and today operates 10 carrier-neutral Data Centers, currently offering more than 70 MW IT Power. Following the facility at Vashi, Sify followed up with larger capacities in Bangalore, Chennai, Airoli, Noida, Rabale, Hyderabad and Kolkata and aims to add 200 MW in the next 4 years. Through CloudCover, Sify also services a network of 49 Data Centers across India.

Delighted at this milestone achievement, Mr. Raju Vegesna, Chairman, Sify Technologies, said “Sify has pioneered and set high standards in the Data Centre space in India ever since the launch of country’s first concurrently-maintainable data centre at the Infotech Park in Vashi, Mumbai in September 2000. Sify was the first to foresee the scope for Data Center as a business vertical in India and hence aggressively invested in the key markets. Today, the combined strength of our Data Centers and Network connectivity puts us in an unbeatable position to drive digital transformation across the nation.”
Mr. Kamal Nath, CEO, Sify Technologies, said “This 21st anniversary of our Vashi Data Center is testimony to Sify’s legacy in the Data Center business in India. Our data center footprint across the country powers our cloud@core philosophy and drives the Integrated Data Center solutions that we offer to our clients to help them meet their digital transformation goals.”

Key advantages/ features of Sify Data Centers
  • Strong connectivity with cloud cover and cost saving with cross connects
  • Leading industry SLAs supporting colocation agreements
  • Carrier neutral services
  • Earthquake resistant structure
  • Proven capability to meet 99.982% uptime
  • Connectivity from major telecom carriers
  • On demand cloud and Managed hosting services

About Sify Technologies

A Fortune India 500 company, Sify Technologies is India’s most comprehensive ICT service & solution provider. With Cloud at the core of our solutions portfolio, Sify is focussed on the changing ICT requirements of the emerging Digital economy and the resultant demands from large, mid and small-sized businesses. 

Sify’s infrastructure comprising state-of-the-art Data Centers, the largest MPLS network, partnership with global technology majors and deep expertise in business transformation solutions modelled on the cloud, make it the first choice of start-ups, SMEs and even large Enterprises on the verge of a revamp.

More than 10000 businesses across multiple verticals have taken advantage of our unassailable trinity of Data Centers, Networks and Security services and conduct their business seamlessly from more than 1600 cities in India. Internationally, Sify has presence across North America, the United Kingdom and Singapore.

Sify, www.sify.com, Sify Technologies and www.sifytechnologies.com are registered trademarks of Sify Technologies Limited.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.  The forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Sify undertakes no duty to update any forward-looking statements.

For a discussion of the risks associated with Sify’s business, please see the discussion under the caption “Risk Factors” in the company’s Annual Report on Form 20-F for the year ended March 31, 2021, which has been filed with the United States Securities and Exchange Commission and is available by accessing the database maintained by the SEC at www.sec.gov, and Sify’s other reports filed with the SEC.

For further information, please contact:

Attachment


FAQ

What milestone did Sify Technologies achieve on September 20, 2021?

Sify Technologies celebrated the 21st anniversary of its Vashi Data Center, the first commercial data center in India.

How many data centers does Sify operate?

Sify operates 10 carrier-neutral data centers across India.

What are Sify's plans for data center capacity expansion?

Sify plans to increase its data center capacity by 200 MW in the next four years.

What is the significance of Sify's Vashi Data Center?

The Vashi Data Center is significant as it was the first in India and has maintained uninterrupted operations for 21 years.

Sify Technologies Limited

NASDAQ:SIFY

SIFY Rankings

SIFY Latest News

SIFY Stock Data

207.17M
43.25M
94.83%
4.47%
0.15%
Telecom Services
Communication Services
Link
United States of America
Chennai