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Sify Technologies announces the appointment of Sharad Agarwal as CEO of Sify Infinit Spaces Limited

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Sify Technologies (NASDAQ: SIFY) has announced the appointment of Sharad Agarwal as the new CEO of Sify Infinit Spaces , its wholly owned subsidiary. Agarwal brings a wealth of experience in technopreneurship across various domains including ecommerce, logistics, retail, Cloud, and Data Center. Prior to joining Sify, he worked at Vantage and Amazon Web Services, where he gained valuable experience in Data Center business development and capacity delivery.

Raju Vegesna, Chairman of Sify, expressed confidence in Agarwal's ability to drive strategic initiatives and operational excellence. Agarwal himself stated his commitment to maximizing Sify's potential across the entire ICT value chain, focusing on strategic growth, operational efficiency, and delivering cutting-edge solutions to clients and stakeholders.

Sify Technologies (NASDAQ: SIFY) ha annunciato la nomina di Sharad Agarwal come nuovo CEO di Sify Infinit Spaces, sua filiale interamente controllata. Agarwal porta con sé una vasta esperienza nel technopreneurship in vari settori, tra cui ecommerce, logistica, vendita al dettaglio, Cloud e Data Center. Prima di unirsi a Sify, ha lavorato in Vantage e Amazon Web Services, dove ha acquisito un'esperienza preziosa nello sviluppo commerciale dei Data Center e nella consegna della capacità.

Raju Vegesna, Presidente di Sify, ha espresso fiducia nella capacità di Agarwal di guidare iniziative strategiche e l'eccellenza operativa. Agarwal stesso ha dichiarato il suo impegno a massimizzare il potenziale di Sify lungo l'intera catena del valore ICT, concentrandosi sulla crescita strategica, sull'efficienza operativa e sull'offerta di soluzioni all'avanguardia ai clienti e agli stakeholder.

Sify Technologies (NASDAQ: SIFY) ha anunciado el nombramiento de Sharad Agarwal como nuevo CEO de Sify Infinit Spaces, su subsidiaria de propiedad total. Agarwal aporta una gran experiencia en tecnopreneurship en diversos ámbitos, incluyendo ecommerce, logística, retail, Cloud y Data Center. Antes de unirse a Sify, trabajó en Vantage y Amazon Web Services, donde adquirió valiosa experiencia en desarrollo comercial de Data Center y entrega de capacidad.

Raju Vegesna, presidente de Sify, expresó confianza en la capacidad de Agarwal para impulsar iniciativas estratégicas y la excelencia operativa. Agarwal afirmó su compromiso de maximizar el potencial de Sify a lo largo de la cadena de valor ICT, enfocándose en el crecimiento estratégico, la eficiencia operativa y en ofrecer soluciones innovadoras a clientes y partes interesadas.

Sify Technologies (NASDAQ: SIFY)는 Sharad Agarwal을 Sify Infinit Spaces의 새로운 CEO로 임명했다고 발표했습니다. Agarwal은 ecommerce, 물류, 소매, Cloud, Data Center 등 다양한 분야에서 기술 창업의 폭넓은 경험을 가지고 있습니다. Sify에 합류하기 전, 그는 Vantage와 Amazon Web Services에서 근무하며 Data Center 사업 개발 및 용량 제공에 대한 귀중한 경험을 쌓았습니다.

Sify의 의장인 Raju Vegesna는 Agarwal이 전략적 이니셔티브와 운영 우수성을 이끌어낼 수 있다는 데 대한 신뢰를 표현했습니다. Agarwal은 전체 ICT 가치 사슬에 걸쳐 Sify의 잠재력을 극대화하겠다는 의지를 밝혔으며, 전략적 성장, 운영 효율성 및 고객과 이해관계자에게 최첨단 솔루션을 제공하는 데 주력할 것이라고 말했습니다.

Sify Technologies (NASDAQ: SIFY) a annoncé la nomination de Sharad Agarwal en tant que nouveau PDG de Sify Infinit Spaces, sa filiale à part entière. Agarwal apporte une riche expérience en technopreneuriat dans divers domaines, y compris ecommerce, logistique, vente au détail, Cloud et Data Center. Avant de rejoindre Sify, il a travaillé chez Vantage et Amazon Web Services, où il a acquis une expérience précieuse dans le développement commercial des Data Centers et la livraison de capacité.

Raju Vegesna, président de Sify, a exprimé sa confiance dans la capacité d'Agarwal à piloter des initiatives stratégiques et l'excellence opérationnelle. Agarwal lui-même a déclaré son engagement à maximiser le potentiel de Sify tout au long de la chaîne de valeur ICT, en mettant l'accent sur la croissance stratégique, l'efficacité opérationnelle et la fourniture de solutions innovantes aux clients et aux parties prenantes.

Sify Technologies (NASDAQ: SIFY) hat die Ernennung von Sharad Agarwal zum neuen CEO von Sify Infinit Spaces, seiner hundertprozentigen Tochtergesellschaft, bekannt gegeben. Agarwal bringt umfangreiche Erfahrungen im Bereich Technopreneurship in verschiedenen Bereichen mit, darunter E-Commerce, Logistik, Einzelhandel, Cloud und Data Center. Bevor er zu Sify kam, arbeitete er bei Vantage und Amazon Web Services, wo er wertvolle Erfahrungen in der Geschäftsentwicklung von Data Centern und der Kapazitätslieferung sammelte.

Raju Vegesna, Vorsitzender von Sify, äußerte Vertrauen in Agarwals Fähigkeit, strategische Initiativen und operative Exzellenz voranzutreiben. Agarwal selbst erklärte sein Engagement, das Potenzial von Sify entlang der gesamten ICT-Wertschöpfungskette zu maximieren, mit einem Fokus auf strategisches Wachstum, operative Effizienz und die Bereitstellung fortschrittlicher Lösungen für Kunden und Stakeholder.

Positive
  • Appointment of experienced CEO for Sify Infinit Spaces
  • New CEO brings diverse background in technopreneurship and Data Center operations
  • Potential for strategic growth and operational efficiency improvements
  • Opportunity to enhance Sify's leadership position in the Data Center industry
Negative
  • None.

CHENNAI, India, Aug. 21, 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. Sharad Agarwal as the Chief Executive Officer of Sify Infinit Spaces Limited, wholly owned subsidiary of Sify Technologies Limited.

Sharad moves into this role on the strength of his technopreneurship across several domains like ecommerce, logistics, retail, Cloud and Data Center. An active industry veteran, he comes equipped with a combination of sales and project management skills that will help him expand the footprint and acceptance of Sify’s data centers.

Prior to Sify, Sharad was at Vantage, where he was mandated to build their Data Center business. This was preceded by a long stint at Amazon Web Services where he front-ended capacity delivery for an APAC region.

Chairman of Sify, Mr. Raju Vegesna, said, “Sharad brings a valuable blend of entrepreneurial and managerial experience in the data center domain across the APAC region. This diverse background positions him well to drive our strategic initiatives and operational excellence. His insights and proven track record will contribute significantly to advancing our objectives and reinforcing our leadership position in the industry.”

Mr. Agarwal said, “I have followed Sify’s remarkable journey as they evolved as a Data Center leader. This impressive growth trajectory underscores Sify’s commitment to innovation and excellence. My mandate is to maximize Sify’s potential across the entire ICT value chain by focusing on strategic growth and operational efficiency and by delivering cutting-edge solutions and unparalleled value to our clients and stakeholders.”

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 Infinit Spaces ?

Sharad Agarwal has been appointed as the new CEO of Sify Infinit Spaces , a wholly owned subsidiary of Sify Technologies (NASDAQ: SIFY).

What is Sharad Agarwal's background before joining Sify?

Before joining Sify, Sharad Agarwal worked at Vantage to build their Data Center business and had a long stint at Amazon Web Services where he managed capacity delivery for an APAC region.

What are Sharad Agarwal's main objectives as the new CEO of Sify Infinit Spaces?

Sharad Agarwal's main objectives are to maximize Sify's potential across the entire ICT value chain by focusing on strategic growth, operational efficiency, and delivering cutting-edge solutions to clients and stakeholders.

How does Sify Technologies (SIFY) expect to benefit from this new appointment?

Sify Technologies expects to benefit from Sharad Agarwal's diverse background and experience to drive strategic initiatives, improve operational excellence, and reinforce the company's leadership position in the Data Center industry.

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