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Sify Technologies announces the appointment of C R Srinivasan as CEO of Sify Digital Services Limited

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Sify Technologies (NASDAQ: SIFY) has appointed C R Srinivasan as the CEO of Sify Digital Services , a wholly owned subsidiary. Srinivasan brings over 30 years of experience in global telecom, IT, cybersecurity, and digital services. He has a proven track record in large enterprises, start-ups, and platform-based businesses, with expertise in leveraging technology to enhance customer experiences and develop unique business models.

Prior to joining Sify, Srinivasan led Tata Communications' Cloud and Cybersecurity businesses and co-founded Sevenstrata IT Services. He was also part of the initial team that established Sify's network services. In his new role, Srinivasan will be responsible for building the business both in India and expanding into new territories, focusing on realizing Sify's potential in digital services and contributing to its position as a converged ICT ecosystem leader.

Sify Technologies (NASDAQ: SIFY) ha nominato C R Srinivasan come CEO di Sify Digital Services, una controllata interamente posseduta. Srinivasan porta con sé oltre 30 anni di esperienza nel settore delle telecomunicazioni globali, IT, cybersecurity e servizi digitali. Ha un comprovato curriculum in grandi imprese, start-up e attività basate su piattaforme, con competenze nell'utilizzo della tecnologia per migliorare l'esperienza del cliente e sviluppare modelli di business unici.

Prima di unirsi a Sify, Srinivasan ha guidato le attività Cloud e Cybersecurity di Tata Communications e ha co-fondato Sevenstrata IT Services. Faceva anche parte del team iniziale che ha stabilito i servizi di rete di Sify. Nel suo nuovo ruolo, Srinivasan sarà responsabile della costruzione del business sia in India che nell'espansione in nuovi territori, con un focus sul realizzare il potenziale di Sify nei servizi digitali e contribuire alla sua posizione di leader nell'ecosistema ICT convergente.

Sify Technologies (NASDAQ: SIFY) ha nombrado a C R Srinivasan como CEO de Sify Digital Services, una filial de propiedad total. Srinivasan aporta más de 30 años de experiencia en telecomunicaciones globales, TI, ciberseguridad y servicios digitales. Tiene un historial comprobado en grandes empresas, start-ups y negocios basados en plataformas, con experiencia en aprovechar la tecnología para mejorar la experiencia del cliente y desarrollar modelos de negocio únicos.

Antes de unirse a Sify, Srinivasan dirigió los negocios de Cloud y Ciberseguridad de Tata Communications y cofundó Sevenstrata IT Services. También formó parte del equipo inicial que estableció los servicios de red de Sify. En su nuevo papel, Srinivasan será responsable de construir el negocio tanto en India como de expandirse a nuevos territorios, enfocándose en realizar el potencial de Sify en servicios digitales y contribuir a su posición como líder en el ecosistema ICT convergente.

Sify Technologies (NASDAQ: SIFY)가 C R Srinivasan을 Sify Digital Services의 CEO로 임명했습니다. Sify Digital Services는 전액 출자된 자회사입니다. Srinivasan은 글로벌 통신, IT, 사이버 보안 및 디지털 서비스 분야에서 30년 이상의 경험을 가지고 있습니다. 그는 대기업, 스타트업 및 플랫폼 기반 비즈니스에서의 입증된 실적을 보유하고 있으며, 고객 경험을 향상시키고 독특한 비즈니스 모델을 개발하기 위해 기술을 활용하는 데 전문성을 가지고 있습니다.

Sify에 합류하기 전, Srinivasan은 Tata Communications의 클라우드 및 사이버 보안 사업을 이끌었고 Sevenstrata IT Services를 공동 설립했습니다. 그는 또한 Sify의 네트워크 서비스 설립 초기 팀의 일원이었습니다. 새로운 역할에서, Srinivasan은 인도 내에서 비즈니스를 구축하고 새로운 지역으로의 확장을 책임지며, Sify의 디지털 서비스 잠재력을 실현하고 ICT 융합 생태계 리더로서의 위치에 기여하는 데 집중할 것입니다.

Sify Technologies (NASDAQ : SIFY) a nommé C R Srinivasan au poste de PDG de Sify Digital Services, une filiale entièrement détenue. Srinivasan apporte plus de 30 ans d'expérience dans les télécommunications mondiales, l'informatique, la cybersécurité et les services numériques. Il a une expérience avérée dans de grandes entreprises, des start-ups et des activités basées sur des plateformes, avec une expertise dans le fait d'exploiter la technologie pour améliorer les expériences client et développer des modèles commerciaux uniques.

Avant de rejoindre Sify, Srinivasan a dirigé les activités de Cloud et de Cybersécurité de Tata Communications et a cofondé Sevenstrata IT Services. Il a également fait partie de l'équipe initiale qui a établi les services de réseau de Sify. Dans son nouveau rôle, Srinivasan sera responsable de développer les affaires tant en Inde que dans de nouveaux territoires, en se concentrant sur la réalisation du potentiel de Sify dans les services numériques et en contribuant à sa position en tant que leader dans un écosystème ICT convergent.

Sify Technologies (NASDAQ: SIFY) hat C R Srinivasan zum CEO von Sify Digital Services ernannt, einer hundertprozentigen Tochtergesellschaft. Srinivasan bringt über 30 Jahre Erfahrung in den Bereichen globale Telekommunikation, IT, Cybersicherheit und digitale Dienstleistungen mit. Er hat eine nachgewiesene Erfolgsbilanz in großen Unternehmen, Start-ups und plattformbasierten Geschäften, mit Fachkenntnissen in der Nutzung von Technologie zur Verbesserung der Kundenerfahrungen und zur Entwicklung einzigartiger Geschäftsmodelle.

Bevor er zu Sify kam, leitete Srinivasan die Cloud- und Cybersicherheitsgeschäfte von Tata Communications und co-gründerte Sevenstrata IT Services. Er war auch Teil des Anfangsteams, das die Netzwerkdienste von Sify einrichtete. In seiner neuen Rolle wird Srinivasan verantwortlich sein für den Aufbau des Geschäfts sowohl in Indien als auch für die Expansion in neue Gebiete, mit dem Fokus darauf, das Potenzial von Sify im digitalen Service zu realisieren und zu seiner Position als führender Anbieter in einem zusammenwachsenden ICT-Ökosystem beizutragen.

Positive
  • Appointment of an experienced CEO with 30+ years in relevant industries
  • New CEO's expertise in digital services aligns with company's growth strategy
  • Potential for expansion into new territories under new leadership
Negative
  • None.

CHENNAI, India, July 25, 2024 (GLOBE NEWSWIRE) -- Sify Technologies Limited (NASDAQ: SIFY), India’s leading Digital ICT solutions provider with global service capabilities spanning Data Center, Cloud, Networks, Security and Digital services, today announced the appointment of Mr. C R Srinivasan as the Chief Executive Officer of Sify Digital Services Limited, wholly owned subsidiary of Sify Technologies Limited.

C.R. Srinivasan has over 30 years of experience in global telecom, IT, cybersecurity, and digital services. As a seasoned technologist and business leader, C R Srinivasan has an established track record in large enterprises, start-ups, and platform-based businesses. He has leveraged technology to enhance customer experiences and develop unique business models, successfully turning around and rapidly scaling businesses by building platforms and services focussed on the right technology.

Prior to Sify, Srini led Tata Communications' Cloud and Cybersecurity businesses. He also co-founded Sevenstrata IT Services, a remote infrastructure management company acquired by Mindtree. Srini was part of the initial team that established Sify’s network services and developed its managed services capabilities.

Commenting on his appointment, Chairman, Mr. Raju Vegesna, said, “Srini is well versed in the transformation that the ecosystem has undergone. His experience in building digital services across the ICT ecosystem will be valuable in steering Sify Digital Services in a new direction. He will be responsible for building the business both in India and into new territories.”

Mr. C R Srinivasan, said, “I am proud of what the company has become under the leadership of Raju and the ambitious roadmap ahead. I will look to realize Sify’s untapped potential in digital services and contribute to making Sify a truly converged ICT ecosystem leader.”

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 Digital services and conduct their business seamlessly from more than 1700 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, 2024, 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:

Sify Technologies Limited
Mr. Praveen Krishna
Investor Relations & Public Relations
+91 9840926523
praveen.krishna@sifycorp.com
20:20 Media
Nikhila Kesavan
+91 9840124036
nikhila.kesavan@2020msl.com

Weber Shandwick

Lucia Domville
+1-212 546-8260
LDomville@webershandwick.com

FAQ

Who is the new CEO of Sify Digital Services ?

C R Srinivasan has been appointed as the new CEO of Sify Digital Services , a wholly owned subsidiary of Sify Technologies (NASDAQ: SIFY).

What is C R Srinivasan's background before joining Sify Technologies?

C R Srinivasan has over 30 years of experience in global telecom, IT, cybersecurity, and digital services. He previously led Tata Communications' Cloud and Cybersecurity businesses and co-founded Sevenstrata IT Services.

What will be C R Srinivasan's main responsibilities at Sify Digital Services?

C R Srinivasan will be responsible for building the business both in India and expanding into new territories, focusing on realizing Sify's potential in digital services and contributing to its position as a converged ICT ecosystem leader.

How might C R Srinivasan's appointment impact Sify Technologies (SIFY) stock?

While the direct impact on stock is uncertain, the appointment of an experienced leader in digital services could potentially drive growth and expansion, which may positively influence investor sentiment towards SIFY stock.

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