Profile: Sify Technologies Ltd (SIFY.O)
6 Mar 2015
Sify Technologies Limited (Sify), incorporated on December 12, 1995, is an integrated Internet, network and electronic commerce services companies in India. The Company’s services enable its business and consumers to communicate, transmit and share information, access online content and conduct business remotely using its private data network or the Internet. It operates in four segments: Corporate network/data services, which provides Internet, connectivity, security and consulting, hosting and managed service solutions; Internet access services, from homes and through cybercafes; Online portal services and content offerings, and Other services, such as development of e-learning software. The Company is a subsidiary of MF Global Holdings Limited. The Company’s wholly owned subsidiaries include Sify Software Limited, Sify Technologies (Singapore) Pte. Ltd. and Sify International Inc. In August 2012, it sold MF Global Sify Securities India Pvt Ltd.
Corporate Network/Data Services
The Company offers network services, hosting, application and security services that provide its corporate customers with Internet and private network access. Its services enable its corporate customers to offer a range of business-to-business and electronic commerce-related services. The Company provides national long distance (NLD) and international long distance (ILD) services through its network. The Company carries voice traffic, both national and international, using the Internet protocol (IP) back-bone and deliver voice traffic to Direct Inter-connect Operators. It also provides managed infrastructure services and managed security services in all aspects of infrastructure services, network security and hosting, with digital certificates based authentication service and virtual private network (VPN) solutions.
The Company’s platform of services includes SiteConnect, GlobalSite Connect, ExpressConnect, RoamConnect and PartnerConnect. SiteConnect offers site-to-site managed Multi Protocol Label Switching (MPLS)-enabled Internet protocol based Virtual Private Network (IPVPN) solutions for connecting regional and branch offices within India to the corporate Intranet. GlobalSite Connect is an international site-to-site managed MPLS-enabled IPVPN solution used for securely connecting international branch offices to the corporate offices. ExpressConnect offers a range of Internet bandwidth solutions for connecting regional offices, branch offices and remote locations to the corporate network.
RoamConnect, is its national and international remote access VPN, which is used for securely connecting employees, while they are traveling, to the corporate intranet. PartnerConnect is its remote access VPN offering, for providing secure and restricted dial-up access to business partners, such as dealers, distributors and suppliers to the corporate extranet. It also offers a range of security solutions, including security design, audit, procurement and integration. Its enterprise solutions portfolio includes a range of application services, such as enterprise class e-mail platforms, audio and video conferencing solutions and business Web services. The Company offers services to organizations, such as Website design, development, content management, search engine optimization, including domain name management, secure socket layer (SSL) certificate for Websites, and server space in required operating system and database.
The Company offers a range of security solutions, including security design, procurement and integration services for infrastructure security, vulnerability assessment and penetration testing. Implementation services include implementation of security products, such as firewalls, intrusion detection systems, content security, authentication tools and VPN services. It also provides assurance services covering Information systems (IS) Audit, Risk Assessment, and Business Continuity/Disaster Recovery Planning. The Company offers a variety of managed hosting services, such as storage, back-up and restoration, performance monitoring and reporting hardware and software procurement and configuration, network configuration, as well as spares and replacement. During the fiscal year ended March 31, 2012 (fiscal 2012), its corporate network/data services division accounted for approximately 87% of its revenues. The Company offers voice over Internet protocol (VoIP) services covering Managed Voice for Enterprises particularly in information technology/ IT enabled services (IT/ITES) segment.
Internet Access Services
The Company offers public Internet access to consumers through a retail chain of e-ports cybercafes. It also has agreements with certain cable television operators through which it offers Internet access through cable. As of March 31, 2012, the Company had approximately 0.1 million retail Internet access subscribers. As of March 31, 2012, it had 1,860 operational e-ports in 226 towns and cities. As of March 31, 2012, the Company had approximately 1,124 operational e-ports.
Online Portal Services
The Company operates online portals, such as www.sify.com, www.samachar.com and www.sifymax.in that function as principal entry points and gateway for accessing the Internet by providing Web-related services and links. It also offers related content sites to Indian interests worldwide.
The Company facilitates Web-based learning for various organizations by digitizing and uploading content to facilitate the same. It also provides remote infrastructure management services, such as Data center management, Network management, Security management and Desktop management to support the clients from offshore command centers, on an around-the-clock basis.
The Company competes with Bharti Airtel, Tata Communications Limited, Reliance Infocomm, HCL Infinet, Tata Teleservices, Tulip Telecom Limited, Bharat Sanchar Nigam Limited, Mahanagar Telephone Nigam Limited, MCI, AT&T, Bharti BT, HCL Comnet, Tata Indicom, In.com, Google, Indiatimes.com and Yahoo.co.in.
Sify Technologies Ltd
Tidel Park, 2Nd Floor, No. 4
Canal Bank Road