Sify eyes growth in data centre services

Sify Technologies expects at least 35 per cent growth in its data centre services this financial year and expects data centre and VOIP carrier services to aid the growth of the enterprise business.

About $85 million out of the company’s $121-million revenue last financial year came from its enterprise business, which includes corporate connectivity, network management services and security. Data centre services contributed about 16 per cent.

Government and financial institutions are continuously upgrading their IT infrastructure and have started trusting third-party vendors such as Sify to maintain them. The demand for data centre services is driven by the growth in sectors including e-commerce, online banking and stock trading, corporate ERP and media and entertainment content.

“Overall, the pay-per-use model saves about 30 per cent of cost of IT ownership. The model gives customers the option to scale up or down anytime based on requirements. This would not be easy if they had to individually invest in their IT infrastructure,” said PK Saji, senior vice-president, global infrastructure operations technology, Sify.

The company has committed close to $100 million over two years to set up and maintain data centres. Sify has four data centres in Chennai, Bangalore and Mumbai. Based on demand, the company plans to set up two more data centres in New Delhi and Bangalore within two years.

Sify’s significant wins for data centre services last year included General Insurance Corporation, State Bank of India and Vishal Retail.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

FC NEWSLETTER

Stay informed on our latest news!

EDITORIAL OF THE DAY

  • Foreign brokerages must be Street-smart to win battle of bourses

    Earlier this week, Financial Chronicle reported that foreign brokerages were failing to crack the retail broking market in India, once seen as very pr

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Urs Schöttli

India needs to project soft power

The rise from a regional to a global p­ower is ...

Robert Clements

Walk the talk when giving others advice

The only thing one does with advice is to pass ...

Bubbles Sabharwal

Keeping our value system uninjured

Every time one reads a newspaper, there is fr­esh news ...