Embrace the Hybrid Cloud with VMC on AWS
According to Gartner, most of midsize and enterprise customers will be adopting a hybrid or a multi-cloud strategy. Companies have already realized that in order to move to public cloud, it is important to structure workload in hybrid cloud model.
Companies must understand that hybrid IT is not an easy methodology and therefore they must organize their existing IT resources and application workloads both on-premises and in public cloud efficiently to accomplish the goals of hybrid model. Additionally, they must also look for right skills for different private/public clouds and different sets of tools from respective cloud providers.
At Sify, we define some guidelines and structure to right fit your workloads in Hybrid Cloud. Please read on to know how Sify can help customers identify the right cloud (from the set of appropriate private and/or private clouds) for different sets of workloads.
Unique Challenges in Hybrid Cloud
In hybrid cloud, there are some unique challenges that businesses need to address first. key challenges that need to be addressed while designing solution on Hybrid Cloud are mentioned herein.
- Generally, it is very difficult to identify the most suitable cloud environment and manage the cost of different clouds.
- Though all cloud environments are powerful in providing features like scalability and elasticity, however the process of managing a hybrid cloud is quite a complex task.
- Security Risks: The threat of data breach or data loss is perhaps the biggest challenge faced during hybrid cloud adoption. Generally, companies prefer on-premises private cloud to protect data locally. However, in order to ensure top-tier security of data and applications on hybrid cloud, companies must draft robust data protection policies and procedures.
Identify Applications for Hybrid Cloud
It is very important to identify applications for hybrid cloud, and your decision must be based on application’s architecture, behavior and user accessibility. Below are some key points to remember while designing Hybrid Cloud strategy: –
- Consider the compatibility of applications before deciding whether you want to continue running the applications in an on-prem cloud environment or migrate them to Public Cloud.
- Identify the running cost/budget for an application and compare it with different cloud providers to choose the most suitable cloud platform that suits your budgetary outlines and business requirements.
- Pay due attention to licensing requirements before migrating to Public/Private Cloud because a minor loophole in this aspect can have a major impact on the overall business.
- Re-look experience of existing IT team to manage different Private/Public cloud seamlessly.
Why VMC on AWS as Hybrid Cloud Choice?
VMware Cloud (also called as VMC) on AWS brings VMware’s enterprise-class Software-Defined Data Centre software to the AWS Cloud and enables customers to run production applications across VMware vSphere-based private, public, and hybrid cloud environments, with optimized access to AWS services.
AWS is VMware’s preferred public cloud partner for all vSphere-based workloads. The VMware and AWS partnership delivers a faster, easier, and cost-effective path to the hybrid cloud while allowing customers to modernize applications enabling faster time-to-market and increased innovation.
New Amazon EC2 i3en.metal instances for VMware Cloud on AWS, powered by Intel Xeon Scalable processors, deliver high networking throughput and lower latency so you can migrate data centres to the cloud for rapid data centre evacuation, disaster recovery, and application modernization.
VMC on AWS can be the right choice because VMware is trusted as a trusted virtualization platform for many years in the industry and enterprise VMware ensures that all your applications run seamlessly. Plenty of companies are already running on VMware platform and have applications running on it. Below are some key identifiers for VMC on AWS:
- VMware SDDC is running on bare metal, which is delivered, operated, supported by VMware
- On-demand scalability and flexible consumption
- Full operational consistency with on-premises SDDC
- Seamless workload portability and hybrid operations
- Global AWS footprint, reach, and availability
- Native AWS services accessibility
How VMC on AWS Solution Works?
VMware Cloud on AWS infrastructure runs on dedicated, single tenant hosts provided by AWS in a single account. Each host is equivalent to an Amazon EC2 I3.metal instance (2 sockets with 18 cores per socket, 512 GiB RAM, and 15.2 TB Raw SSD storage). Each host is capable of running many VMware Virtual Machines (tens to hundreds depending on their compute, memory and storage requirements). Clusters can range from a minimum 3 hosts up to a maximum of 16 hosts per cluster. A single VMware vCenter server is deployed per SDDC environment.
How do We Access AWS Services?
For companies that are using VMware Cloud on AWS (VMC) as production environment for their business-critical application, it will require connectivity to an AWS account. This is enabled by an AWS elastic network interface which provides a 25Gbps connectivity between VMC and AWS. Applications deployed on VMC can leverage native AWS services for storage, EC2 instances, RDS Databases, load balancing and DNS routing, etc., providing customers with the best of both worlds. These native services can be accessed from applications deployed on VMC and include:
- Simple Storage Service (S3)
- Elastic File Service (EFS)
- Amazon Relational Database Service (RDS)
Sify’s Value Propositions to Help Customer Who are Looking for Hybrid Cloud Solutions
Sify has been in the Cloud industry since 2012 and has its own cloud for enterprise customers which can be tailored based on the requirement. Over the last few years, Sify has been involved in large enterprise customer requirement understanding, solutions & implementation across Private, Public & Hybrid Clouds.
Sify has dedicated, experienced and certified SMEs involved during solution stage and implementation and to provide operations services which will enable businesses to accelerate the adoption of Hybrid Cloud.
Our approach is to identify potential use cases for Hybrid Cloud options for VMC on AWS and native AWS services during the initial assessment and design phase, and we also suggest the most suitable services that can help customers meet the strategic goals. These services include the following:
- Discovery Workshop
- Assessment
- Build and Migrate
Feel free to contact us to provide your organization a tailored solutions with the required support across the various stages of the setup of VMC & AWS and migration of workloads.
Leveraging CloudEndure in the migration to AWS Cloud
With the increased demand in scalability and flexibility of the infrastructure for organization to ramp up and speed up the go-to-market approach, it has become necessary to adopt the Public Cloud which can tackle this challenge efficiently. Therefore, businesses are looking for simple, reliable, and rapid migration of on-premises workload to Public Cloud with minimal disruption. Sify, being an AWS Advance Partner, has successfully carried out many large cloud migrations for several customers using CloudEndure and the best practices it brings in.
CloudEndure is a SaaS service offering from AWS to migrate workload from any source (physical, virtual, or private/public cloud) to AWS, from one AWS region to other AWS account (within same Account), and across different AWS accounts. It uses block level continuous replication to replicate data on to the target AWS environment.
To replicate data from source machine to target machine, we need to install agent on the source machine and should have the required CloudEndure license for migration. The migration license has expiry date post which the data replication stops.
The Continuous Data Replication task is performed and pushed to the staging area (includes Replication Server, EBS Volume, S3 Storage, Subnets and IP). The CloudEndure Service Manager ensures the co-ordination among the Source Machine, Replication Server and the Target Server.
Three points of contact for CloudEndure’ s components with the external network:
- The CloudEndure Agent needs to communicate with the CloudEndure Service Manager.
- The CloudEndure Agent needs to communicate with the CloudEndure Replication Servers.
- CloudEndure Replication Servers need to communicate with the CloudEndure Service Manager and S3.
CloudEndure helps you overcome below migration challenges effectively:
- Diverse infrastructure and OS type
- Legacy application
- Complex database
- Busy continuously changing workloads
- Machine compatibility issues
- Expensive cloud skills required
- Downtime and performance disruptions
- Tight project timelines and limited budget
Best Migration Practices that CloudEndure recommends:
Planning
- Begin by mapping out a migration strategy that identifies clear business motives and use cases for moving to the cloud.
- Migrate in phases/waves or conduct a pilot light migration in which you start with the least business-critical workloads.
- Do not perform any reboots on the source machines prior to a cutover.
- When scheduling your cutover, ensure that you allow enough time for data replication to complete and for all necessary testing to be carried out.
Licensing
- Ensure that you have sufficient migration licenses for your project.
- CloudEndure Migration license is free for 90 days of use following agent installation on source machine.
- While the use of CloudEndure Migration is free, you will incur charges for any AWS infrastructure that is provisioned during migration and after cutover, such as compute (EC2) and storage (EBS) resources.
Testing
- Check and optimize the network needed for migration.
- Perform a test at least one week before you plan to migrate your source This time frame is intended for identifying potential problems and solving them, before the actual cutover takes place.
- Train the staff early on CloudEndure and mitigate any risk during testing phase only.
- Ensure connectivity to your target machines (using SSH for Linux or RDP for Windows) and perform acceptance tests for your application.
Successful Implementation
- Cutover the machine on planned date.
- Carry out the acceptance test for the application migrated and functionality.
- Remove Source machines from the console after the cutover has been completed in order to clean up the staging area, reduce costs, and remove no longer needed replication resource.
Use cases
The Most Common uses cases for CloudEndure Migration are:
- Lift and Shift, then optimize
- Vast majority of Windows/Linux server when agent can be installed on source machine
- Replicating Block Storage devices like SAN, iSCSI, Physical, EBS, VMDK, VHD
- Replicating full machine/volume
Conclusion
You must keep these above points in mind while migrating to AWS using CloudEndure to reap the desirable outcomes. Sify would be glad to help your organization as your AWS Managed Services Partner for a tailor-made solution involving seamless, cloud migration experience and for your Cloud Infrastructure management thereafter.
Kotak Special Situations Fund to invest INR 1000 crores in Sify’s Data Center business
Mumbai, 1st November, 2021: Kotak Special Situations Fund (KSSF), managed by Kotak Investment Advisors Limited (KIAL) and whose LPs include leading Sovereign Wealth Funds, and Sify Technologies Limited (‘Sify’), India’s most comprehensive ICT service & solutions provider, today announced an agreement under which KSSF will invest up to INR 1,000 crore (USD 135 million) in Sify Infinit Spaces Limited (SISL), a wholly-owned subsidiary of Sify. SISL is a leading data center services player in India, serving Indian and Global enterprise customers and hyperscalers from its ten operational Data Centers across the country.
Under the transaction, the KSSF investment will be in the form of Compulsorily Convertible Debentures, which will convert into equity based on the operational performance of SIS over a specified reference period. The funds would be used to invest in SIS’ current plan under execution of developing new Data Centers in Mumbai, Noida, Chennai, Bangalore and Hyderabad and for investment in renewable energy requirements for its operational and new Data Centers for up to INR 4,000 crore (USD 530 million).
Raju Vegesna, Chairman and Managing Director, Sify said, “India is set for significant economic growth and is becoming the first choice destination for both global businesses and investors. India is witnessing the rise of Information technology-driven entrepreneurship and business growth. The current capacity of the Data Centre industry in India is expanding at an unprecedented pace, powered by wider cloud adoption, 5G rollout and accelerated digital transformation programmes of enterprises. We are delighted to partner with KSSF as a part of this journey to build world-class Data Centre facilities for our customers to benefit from the large scale digital transformation of India.”
MP Vijay Kumar, Chief Financial Officer, Sify said, “The hyperscalers and enterprise customers have shown high confidence in colocating to our Data Centers over time and these engagements continue to scale. The KSSF partnership will give us access to long-term capital, beyond the present investment. We will, as always, be prudent in our business judgements and build facilities close to assessment of customer demand and in a modular way, deploying the latest and most cost-effective technologies for both design and operations.”
Srini Sriniwasan, Managing Director, Kotak Investment Advisors Limited said, “We are delighted to partner with Sify to build out the Data Centre capacity in India and contribute to the goal of a digitally savvy India, based on the strength of Sify’s entrepreneurial capabilities and experienced management team. Data Centers are at the core of the country’s Digital India ambition, and we believe that with vibrant entrepreneurship in the digital space, rich media consumption by an exploding well-connected population and increasing requirements for local storage of data, India’s Data Centre sector is a long term secular opportunity.”
Eshwar Karra, CEO-Kotak Special Situations Fund, Kotak Investment Advisors Limited said, “Our investment in SIS is in line with our strategy of providing capital to unique India opportunities that require flexible and customised capital solutions, which enables us to grow with our partners and participate in their success while providing value-added support and opportunistic capital in size and scale.”
About Kotak Investment Advisors Limited
Kotak Investment Advisors Limited (KIAL), a part of the Kotak Mahindra Bank (Kotak), focuses on the Alternate Assets business. KIAL was set up in early 2005 to bring a sharper focus to Kotak’s alternate assets practice and has raised/managed/advised in aggregate over USD 4.9 billion across different asset classes including Private Equity Funds, Real Estate Funds, Infrastructure Funds, Special Situations Fund, Listed Strategies and Investment Advisory, all led by independent investment teams.
For more information, visit alternateassets.kotak.com
About Kotak Special Situations Fund
Kotak Special Situations Fund (KSSF) is an Alternative Investment Fund under SEBI regulations managed by the Alternate Asset Management Company – Kotak Investment Advisors Ltd. KSSF currently manages a USD 1 billion fund and is uniquely positioned to be a provider of customised solutions capital to corporates. KSSF has partnered with companies across sectors via customised structures/solutions depending on their situation, requirements and business prospects. With an ability to tactically participate across the capital structure of an enterprise, KSSF has been targeting value propositions across a spectrum of opportunities from growth, to credit situations and stressed assets.
About Sify
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 the largest MPLS network, top-of-the-line DCs, partnership with global technology majors, vast expertise in business transformation solutions modelled on the cloud make it the first choice of start-ups, incoming Enterprises and even large Enterprises on the verge of a revamp. More than 10,000 businesses across multiple verticals have taken advantage of our unassailable trinity of Data Centres, 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 and Sify Technologies, 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 information, please contact:
For further information, please contact:
Sify Technologies Limited
Mr. Praveen Krishna
+91 44 22540777 (ext.2055)
Why is Compliance Training Important in Business?
- Winning or retaining contracts that have safety or other compliance performance requirements.
- Enhancing brand image and reputation, which may attract more customers.
- Attracting the best talent who want to work for a company with a reputation and culture they can be proud of.
- Motivating employees with training and developing plans to be more productive and enjoy their roles.
6 Factors to Consider Ahead of Your Compliance Journey
- Get Leadership Buy-in
Your compliance journey must start with commitment from the leadership team to achieve behaviour change. Executives need to define and own the risk management process.
- Identify Risks
Risks to the organisation should be identified and prioritised. High-risk issues will require the greatest commitment to training and to achieve behavioural change. Low-risk issues should receive less attention.
- Align Risks to Business Goals
Once the risks have been prioritised, they should be aligned to support key business goals and incorporated into your business strategy. Key goals may include revenue growth, expense reduction, risk reduction, and employee safety. Next, a training program should be planned to train the right people, on the appropriate subjects, in the right way. The learnings from the training should be embedded in the daily routine of employees and practised on the job.
- Be Strategic with Training
Many compliance training programs overlook the emotional aspect of training. Emotional training messages help your team feel that the company is looking out for their safety and well-being. By instilling pride in working for an ethical company, employees will stay longer and work harder to support company goals. People enjoy feeling that they are a part of something good that is bigger than themselves. Help employees understand that bad behaviour may have dire consequences.
- Be Relevant
Your compliance training program needs to target the right job roles for each training format. Nothing will annoy employees faster than a training course that is of no help to them in their role.
- Develop Metrics
Meaningful metrics for the compliance program should be established at the onset. Metrics should be aligned around the key company goals that the compliance program has been designed to support. The compliance program should be implemented in such a way that data for the metrics can be easily collected and reported via a Learning Management System. Targets for the metrics should be realistic and achievable. When targets are unachievable, people are not motivated to reach them.
Conclusion
Your compliance journey is a marathon, not a sprint. It is important to keep your team motivated throughout their learning experiences to keep the momentum going. Here are some ideas to consider:- Share success stories with your employees of how your compliance program has succeeded in helping the company reach its goals.
- Tell the outside world about your compliance program successes. This will help enhance the reputation and brand perception of your organisation and help recruit the best talent.
- Empower your employees. Provide a Learning Management System that provides easy access to digital learning content that will help them in their jobs.
- Create learning experiences that are engaging and maximise learning technologies to provide high-quality content.
- Proactively seek feedback and survey, listen to the concerns of employees, and act quickly to respond to needs.
India’s First Commercial Data Center completes 21 years in Operation
Sify’s facility at Vashi was the first of the 10 Company-owned Data Centers
Chennai, Sep 20, 2021— 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 center 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 focused 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 information, please contact:
Sify Technologies Limited
Mr. Praveen Krishna
Investor Relations & Public Relations
+91 44 22540777 (ext.2055)
Sify Technologies announces channel partnership with Colt Technology Services for Europe
Chennai, India, 1 Sep 2021 – Sify Technologies Limited (NASDAQ: SIFY), India’s most comprehensive ICT solutions provider with global service capabilities spanning Data Centers, Networks, Cloud, Infrastructure Managed services and Applications management, today announced a channel partnership with Colt Technology Services, a leading provider of high bandwidth and on-demand connectivity, to cover the European geography.
The partnership introduces Sify’s collaborative practices for Oracle Cloud Infrastructure (OCI), the Infrastructure-as-a-Service that delivers on-premises computing power to run cloud-native and enterprise company’s IT workloads. This is made possible by Colt’s network connectivity capability with its On Demand service allowing specifically for connectivity to be flexed up for the OCI migration. Translated, that means, the customer gets the additional connectivity only when it is required.
Multiple businesses across Europe are beginning to leverage the full benefits of Oracle Enterprise Cloud offering. Most of these businesses are also struggling with expertise to plan and migrate Oracle workloads and licensing to a more commercially viable solution. This new partnership allows the adoption of OCI to be done efficiently over a fast, reliable, and secure network connection.
With Colt’s Dedicated Cloud Access and On-Demand offerings, customers can securely and reliably provision new connectivity services on a low latency, high-performance network in a matter of hours compared to weeks and months. The On-Demand offering scales the bandwidth as per the application or workload consumption patterns thereby resulting in substantial cost savings.
Justin Polley, Commercial Director, Sify Europe said, “This engagement combines Sify’s deep Oracle consulting experience with Colt’s European flexible networking services. The combination enables Oracle Cloud adoption at a much faster pace, to extremely high standards and at a much lower cost. Furthermore, the unification of resources brings unrivalled expertise in migrating many other types of databases to the Public cloud”.
Colt was the clear choice for this partnership because they have invested heavily in best-in-class Cloud connectivity to deliver dedicated, secure, and high-bandwidth connectivity in near real-time customer Cloud migrations.
Mark Hollman, VP Partner Development & Success, Colt said, “We know there’s a direct correlation between the success of enterprise cloud projects and reliable connectivity. Moving to the cloud is more mission-critical than ever, and Enterprises need a robust cloud connectivity strategy to evolve. That’s why we are delighted to partner with Sify. Together, we can unlock and amplify our joint value to power Enterprises’ migrations to Oracle Cloud”.
Sify is an accredited member of the Oracle Partner Network for the OCI Cloud Sell and Service specifically in the areas of solution assessment, implementation and migration, Cloud management, colocation and DR-as-a-service.
About Sify Technologies
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.
It has sales and operations globally in the UK, Singapore, United States and UAE. In Europe, Sify operates as an offshore Telecoms Network and Digital services enabler working through a channel partnership model.
Sify, www.sify.com, Sify Technologies and www.sifytechnologies.com are registered trademarks of Sify Technologies Limited.
About Colt Technology Services
Colt Technology Services provides world-class network and voice connectivity to businesses in Europe, Asia and the US. The Colt IQ Network connects 900+ data centres across Europe, Asia and North America’s largest business hubs, with over 29,000 on net buildings and growing. Colt is an Oracle Partner Network member and a Global OCI Fast-Connect Partner, providing point-to-cloud and multi-cloud Ethernet connectivity solutions. Colt have been specialists in their field for over two decades and are recognised as an innovator and pioneer in Software Defined Networks (SDN) and Network Functions Virtualisation (NFV).
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 information, please contact:
Sify Technologies Limited
Mr. Praveen Krishna
Investor Relations & Public Relations
+91 9840926523
Sify CFO appointed member to the IFRS Interpretations Committee
The Trustees of the IFRS Foundation, who are responsible for the oversight and governance of the International Accounting Standards Board (Board), have appointed Andre Besson, Karen Higgins and M P Vijay Kumar to the IFRS Interpretations Committee (Committee).
The Committee works with the Board in supporting the consistent application of IFRS Standards. In particular, the Committee responds to application questions by publishing agenda decisions to explain how IFRS Standards apply to particular scenarios. If required, the Committee also develops interpretations (called IFRIC Interpretations, which are subject to ratification by the Board) or proposes that the Board amend the Standards.
New members
Andre Besson is a finance and control professional with more than 25 years of experience, of which half has been in accounting policy and technical accounting. He is currently Head of Financial Reporting Guidelines at Nestlé SA in Switzerland. He is also co-chair of Swiss Holdings’ Working Group on Accounting and Reporting and a member of Business Europe’s Accounting Harmonization Working Group and Sounding Board.
Karen Higgins is an audit and assurance partner at Deloitte and has specialized in the financial services industry for more than 30 years. She is the leader of the Canadian IFRS Center of Excellence, and the Canadian firm representative on the Deloitte Global IFRS Leadership Team. Karen is also a former vice-chair of the Canadian Accounting Standards Board.
M P Vijay Kumar is Chief Financial Officer at Sify Technologies, one of India’s largest information and communications technology companies. He is a council member of the Institute of Chartered Accountants of India and serves as chair of its Accounting Standards Board. Vijay is also on the IFRS Advisory Council and the SME Implementation Group.
All appointments take immediate effect for a term ending 30 June 2024. Jongsoo Han (Korea Accounting Standards Board) and Robert Uhl (Deloitte) completed their terms at the end of June. Bertrand Perrin (Vivendi) stepped down from the Interpretations Committee before his term ended to assume his new role as a Board member. The IFRS Foundation Trustees thank the outgoing members for their years of valuable service.
20th year commemorative Coffee Table book wins Gold at 2021 Asia Pacific Stevie awards
Chennai, 30 June 2021— Sify Technologies Limited (NASDAQ: SIFY), India’s most comprehensive ICT solutions provider today announced that the Coffee Table book produced to commemorate their 20th year of listing on Nasdaq has won the Gold at the Asia Pacific Stevie awards 2021.
The innovatively packaged book in larger-than-standard size was a runaway winner in the Award for Innovation in Marketing or Sales Literature category with 32 judges voting for it and one judge commenting, “What’s old is new again. Extremely innovative way of presenting the information”.
The entry titled “Reading a book is good for your eyes and our business” uses a nostalgic Tintin styled old-word storytelling that takes decision makers on a journey of Sify’s strengths, woven into a disparate teenage group’s discovery of their capabilities.
Chairman of Sify Technologies, Raju Vegesna, said, “We are delighted that our endeavor to interpret our marketing collaterals through our disruptive DNA has been recognized at the global level. This award proves that an incisive marketing narrative that sets itself away from the run-of-the-mill will undoubtedly draw attention to itself. To be recognized among the best in the business sets the bar higher for all future Sify marketing activities”.
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 focused 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, 2020, 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
Sify Technologies recognized in 2020 Gartner Market Guide for Public Cloud Managed and Professional Services Providers, Asia/Pacific
Chennai, 09 June 2021— Sify Technologies Limited (NASDAQ: SIFY), India’s most comprehensive ICT solutions provider with global service capabilities spanning Data Centers, Networks, Cloud, Infrastructure Managed services and Applications management, today announced that the company has been recognized in Gartner’s Market Guide for Public Cloud Managed and Professional Services (MSPs) Providers in Asia/Pacific.
“The markets across the Asia Pacific region differ significantly in their IT maturity and readiness for cloud adoption. With an increasing number of Enterprises adopting Public Cloud services for business agility, this recognition is a testimonial to our industry-leading cloud capabilities”, said Kamal Nath, CEO, Sify Technologies.
Delighted at the recognition, Ravi Maguluri, Chief Technology Officer, Cloud and Digital Services, said “Sify with its cloud@core philosophy and integrated data center, multi-cloud and network solutions is a first-choice partner for Enterprises looking to meet their cloud transformation goals. We are building competencies in automation, low-code frameworks and consumable AI/ML to help our customers realize their digital objectives. We are excited to be active contributors in APAC’s evolution into a strong digital hub”.
“A growing number of public cloud managed service providers are based or operating in the Asia/Pacific, differing significantly in competency, background and business focus. This research helps sourcing, procurement and vendor management leaders identify providers best suited to their needs.” (Gartner Research*)
*Source : Gartner, Market Guide for Public Cloud Managed and Professional Services Providers, Asia/Pacific, DD Mishra et al., 19 October 2020
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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 focused 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, 2020, 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
AMS-IX and Sify to open four new Internet Exchanges in India
Amsterdam, March 22, 2021 – AMS-IX, the world-leading Internet Exchange, and Sify (NASDAQ: SIFY), India’s most comprehensive ICT service & solution provider, today announced the expansion of their footprint of internet exchanges in India. The new interconnection hubs are going to be situated in Kolkata, Noida, Hyderabad, and Chennai.
With close to half the population that is internet savvy, India is one of the largest and fastest-growing markets for digital consumers and businesses in the world. AMS-IX and Sify are committed to enhancing the quality of the Internet in India by increasing connectivity through public peering. The partnership between AMS-IX and Sify started with the launch of a neutral and independent Internet Exchange in Mumbai. By expanding to the digital hotspots of Kolkata, Noida, Hyderabad, and Chennai, Sify and AMS-IX seek to enhance the quality of network interconnections in these regions as well.
Peter van Burgel, CEO, AMS-IX said, “The last couple of years we saw tremendous growth in India with traffic nearly doubling in a year time. By expanding to four new locations AMS-IX and Sify Technologies are delivering on their promise to bring high quality and value-for-money connectivity to the region.”
Harsha Ram, Head – Network Business, Sify, said, “With this partnership with AMS-IX, Sify seeks to give content, application and service providers wider options to interconnect with each other across the metros of India thereby optimizing latency and cost and significantly improving user experience.
The new Internet Exchanges in Kolkata (AMS-IX Kolkata), Hyderabad (AMS-IX Hyderabad), Noida (AMS-IX Noida), and Chennai (AMS-IX Chennai) are expected to start operations in 2021. In addition, AMS-IX India will be rebranded as AMS-IX Mumbai with the existing Sify Airoli DC as the new node.
All exchanges will be built using the AMS-IX (IX-as-a-service) solution that allows partners to rapidly set up and run Internet Exchanges. Customers will be able to connect and exchange traffic via dedicated ports with speeds of 1, 10, or 100 Gbps, which allows them to reduce latency and save costs.
About Sify Technologies
A Fortune 500 India company, Sify Technologies is India’s most comprehensive ICT service & solution provider. With Cloud at the core of our solutions portfolio, Sify is focused 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 the largest MPLS network, 10 top-of-the-line DCs, partnership with global technology majors, vast expertise in business transformation solutions modeled on the cloud make it the first choice of start-ups, incoming Enterprises, 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 a 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.
AboutAMS-IX
AMS-IX (Amsterdam Internet Exchange) is a neutral member-based association that operates multiple interconnection platforms around the world. Our leading platform in Amsterdam has been playing a crucial role at the core of the internet for more than 25 years and is one of the largest hubs for internet traffic in the world with over 9 Terabits per second (Tbps) of peak traffic. Connecting to AMS-IX ensures customers such as internet service providers, telecom companies, and cloud providers that their global IP traffic is routed in an efficient, fast, secure, stable, and cost-effective way. This allows them to offer low latency and engaging online experiences for end-users. AMS-IX interconnects more than 1000 IP-networks in the world. AMS-IX also manages the world’s first mobile peering points: the Global Roaming Exchange (GRX), the Mobile Data Exchange (MDX), and the Internetwork Packet Exchange (I-IPX) interconnection points. More information: www.ams-ix.net
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, 2020, 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 44 22540777 (ext.2055)
