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The evolving Indian ICT landscape post Covid19

Written by Customer Service on . Posted in Public Companies.

Santa Clara, California, May 18, 2020 (GLOBE NEWSWIRE) — Sify Technologies Limited (NASDAQ: SIFY), headquartered in Chennai, India, India’s most comprehensive ICT solutions provider with global service capabilities spanning domestic and international Telecom Networks, Data Centers, Cloud, Applications, Managed services and Systems integration, today unveiled a short take on how the ICT landscape in India will evolve in the Post Covid world.Speaking on eve of the financial results, Mr. Raju Vegesna, Chairman, had said, “Every adversity presents an opportunity to rethink the way we do business. The biggest lesson for the market from this lockdown is that there is no escaping the digital economy of tomorrow. Sify’s future is in enabling that for our clients.For some time now, Sify has been increasing the level of automation across our entire suite of services. And during the ongoing lockdown period, we have been able to perform remote commissioning and maintain high service levels without any major impact”. A detailed study of the degree to which different market verticals will be affected, Sify’s business model sync with the emerging demands and the full financials can be viewed here.About Sify TechnologiesSify is the largest ICT service provider, system integrator and all-in-one network solutions company on the Indian subcontinent. We’ve also expanded to the United States, with headquarters in the heart of California’s Silicon Valley.Over 10000 businesses have become Sify customers. We also partner with other major network operators to deliver global network solutions. Our customers can access Sify services via India’s largest MPLS network. Among the very few Enterprise class players in India, Sify, today has presence in more than 1600 cities in India and in North America, the United Kingdom and Singapore.Sify, Sify Technologies, and www.sifytechnologies.com are registered trademarks of Sify Technologies LimitedForward Looking StatementsThis 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, 2018, 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: Praveen Krishna
Sify Technologies Limited
+91 44 22540777 (ext.2055)
praveen.krishna@sifycorp.com

Shiwei Yin
Grayling Investor Relations
+1-646-284-9474
Shiwei.Yin@grayling.com

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