Sify Technologies announces the launch of GPU Cloud Sify CloudInfinit+AI
Rhea-AI Summary
Sify Technologies (NASDAQ: SIFY) has launched GPU Cloud CloudInfinit+AI Platform, offering GPU-as-a-Service (GPUaaS). The platform provides cloud-based access to Graphics Processing Units on a pay-as-you-go basis, supporting compute-intensive tasks like machine learning, deep learning, and data analytics. Key features include scalability, accessibility for startups and small businesses, and cost-effectiveness through a subscription model. Sify recently became India's first NVIDIA DGX-Ready Data Center certified provider for liquid and air cooling, positioning itself to support hybrid cloud deployments with low-latency interconnect to hyperscale clouds.
Positive
- Launch of new GPU-as-a-Service platform expanding service portfolio
- First service provider in India to achieve NVIDIA DGX-Ready Data Center certification
- Pay-as-you-go model potentially creating new revenue streams
- Strategic positioning for hybrid cloud deployments market
Negative
- None.
News Market Reaction – SIFY
On the day this news was published, SIFY declined 2.75%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
MUMBAI, India, Oct. 23, 2024 (GLOBE NEWSWIRE) -- NVIDIA AI Summit -- 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 launch of GPU Cloud, CloudInfinit+AI Platform offering GPU-as-a-Service.
Sify CloudInfinit+AI offer Enterprise cloud users GPU-as-a-Service (GPUaaS). This platform is a tangential leap over Sify’s existing portfolio of services. GPU-as-a-Service is a cloud-based offering that provides users with access to powerful Graphics Processing Units (GPUs) on a pay-as-you-go basis. This service is designed to support compute-intensive tasks such as machine learning, deep learning, model training, inferencing, data analytics, rendering, and scientific simulations, which require significant processing power.
Key Features of the service will be Scalability where users can scale their GPU resources both ways, allowing for flexibility in handling varying workloads without the need for significant capital investment in hardware, accessibility of high-performance computing to a wider range of users, including startups and small businesses that may not have the resources to invest in expensive GPU infrastructure and the cost-effectiveness of using a subscription model. Importantly, GPU-as-a-Service democratizes access to high-performance computing resources, enabling organizations to leverage advanced technology for innovation and efficiency.
At the launch, Vijay Bellam, Chief Product Officer, Sify, said, “CloudInfinit+AI is a critical milestone in Sify’s progression as a digital transformation partner. Very recently, we became the first service provider in India to achieve NVIDIA DGX-Ready Data Center certification for liquid and air cooling. With CloudInfinit+AI, we are strengthening our portfolio beyond Data Center, Network Enterprise Cloud and Managed Services offering GPU Cloud supporting and uniquely positioned to support hybrid cloud deployments by offering low-latency interconnect to hyperscale clouds and cloud adjacent high-density colocation that will support a broad range of AI Workloads.”
About Sify Technologies
A multiple times Golden Peacock award winner for Corporate Governance, 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, medium and small 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 1600 cities in India. Internationally, Sify has presence across North America, the United Kingdom, UAE 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
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