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Sify lines up $15m spend for FY’08

Sify Technologies, the Chennai-based provider of internet, networking and e-commerce services, is likely to invest around $15 million in the next fiscal year.

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To open two Level-IV data centres this year

MUMBAI: Sify Technologies, the Chennai-based provider of internet, networking and e-commerce services, is likely to invest around $15 million in the next fiscal year.

The company will invest $8 million to open two new Level-IV data centres in Mumbai and Delhi by the end of the current year.

David Appaswamy, chief communications officer, Sify Technologies, told DNA Money,
“The enterprise and consumer segment is growing at a good pace — 60% of our revenues come from enterprise and the rest comes from the consumer business.” Sify offers a suite of technology and network-based services.

The company’s cyber cafés, under the i-way brand, have strengthened Sify’s leadership position in the public internet access business. The i-way network has grown to 3,840 cafes from 2,471 two years back. The service is now available in over 164 cities and towns, with more than 1.15 million unique users per quarter.

“Sify has now the leader in the private sector in the provision of high-speed internet access to homes. The service is available in more than 100 cities through a network of over 1,800 cable television operators,” Appaswamy said.

The company launched its new logo and brand identity in early 2008 to signify a new phase in its growth strategy. Sify is integrating its enterprise and consumer business under one platform.

Appaswamy said Sify has built a brand with a high degree of credibility based on its expertise. The brand architecture for its service brands follows the technology branding structure.

Meanwhile, P J Nath, executive president, Sify Technologies, said the company will on Wednesday launch managed security services powered by security operations center (SOC). The services will prevent, detect and respond to security threats in real time.

The company’s services include a range of internet protocol-based virtual private network (IPVPN) offerings, including intranets, extranets and remote access applications, to corporate customers. It focuses on industry verticals such as IT/ITES (IT enabled services), banking and financial services industry (BFSI), government, manufacturing, pharmaceutical and FMCG.
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