Sify: Difference between revisions

From Wikipedia, the free encyclopedia
Browse history interactively
← Previous edit
Content deleted Content added
VisualWikitext
Removed some potentially biased/advertisement-oriented language, minor updates for clarity and typo correction, added intra-Wikipedia links.
m Added non-breaking space to non-template file size, frequency, bitrate, and bandwidth values (via WP:JWB)
 
(One intermediate revision by one other user not shown)
Line 2: Line 2:
{{EngvarB|date=March 2020}}
{{EngvarB|date=March 2020}}
{{Use dmy dates|date=March 2020}}
{{Use dmy dates|date=March 2020}}

{{Advert|date=March 2020}}
{{Advert|date=March 2020}}

{{Infobox company
{{Infobox company
| name = Sify Technologies Limited
| name = Sify Technologies Limited
Line 9: Line 11:
| traded_as = {{Unbulleted list|{{NASDAQ|SIFY}}|{{fwb|SIFY}}}}
| traded_as = {{Unbulleted list|{{NASDAQ|SIFY}}|{{fwb|SIFY}}}}
| genre = [[Information and communications technology]]
| genre = [[Information and communications technology]]
| founded = {{Start date and age|df=y|1995|12|12}}<ref name="Agarwal2010"/><ref name=wsj>{{cite web|title=Sify Technologies Ltd. ADS|url=http://quotes.wsj.com/SIFY/company-people|access-date=24 July 2014|website=[[The Wall Street Journal]]}}</ref>
| founded = {{Start date and age|df=y|1995|12|12}}<ref name="Agarwal2010"/><ref name=wsj>{{cite web|title=Sify Technologies Ltd. ADS|url=http://quotes.wsj.com/SIFY/company-people|access-date=24 July 2014|website=[[The Wall Street Journal]]|archive-date=8 January 2018|archive-url=https://web.archive.org/web/20180108202450/http://quotes.wsj.com/SIFY/company-people|url-status=live}}</ref>
| founder = R. Ramaraj
| founder = R. Ramaraj
| location_city = [[Tharamani]], [[Chennai]], Tamil Nadu
| location_city = [[Tharamani]], [[Chennai]], Tamil Nadu
Line 17: Line 19:
| key_people = {{ubl|Kamal Nath (CEO)|Raju Vegesna (Chairman & managing director)|Vijay Kumar (CFO)}}
| key_people = {{ubl|Kamal Nath (CEO)|Raju Vegesna (Chairman & managing director)|Vijay Kumar (CFO)}}
| products = {{Unbulleted list|[[Corporate network]]|[[Internet access]]|[[Online portal]]|[[e-commerce]]|[[e-learning]] software<ref name=wsj/>}}
| products = {{Unbulleted list|[[Corporate network]]|[[Internet access]]|[[Online portal]]|[[e-commerce]]|[[e-learning]] software<ref name=wsj/>}}
| revenue = {{Increase}} {{INRConvert|2507|c}}<small> (March 2018)</small><ref>[https://timesofindia.indiatimes.com/business/india-business/sify-registers-41-growth-in-jan-mar-qtr/articleshow/63902249.cms "Sify registers 41% growth in Jan–Mar qtr"]</ref>
| revenue = {{Increase}} {{INRConvert|2507|c}}<small> (March 2018)</small><ref>{{Cite web |url=https://timesofindia.indiatimes.com/business/india-business/sify-registers-41-growth-in-jan-mar-qtr/articleshow/63902249.cms |title="Sify registers 41% growth in Jan–Mar qtr" |access-date=28 April 2018 |archive-date=12 June 2018 |archive-url=https://web.archive.org/web/20180612095342/https://timesofindia.indiatimes.com/business/india-business/sify-registers-41-growth-in-jan-mar-qtr/articleshow/63902249.cms |url-status=live }}</ref>
| num_employees = 2,655<ref>{{cite web|url=https://craft.co/sify-technologies|title=Sify Technologies Company profile |publisher=Craft|access-date=26 September 2019}}</ref>
| num_employees = 2,655<ref>{{cite web|url=https://craft.co/sify-technologies|title=Sify Technologies Company profile|publisher=Craft|access-date=26 September 2019|archive-date=26 September 2019|archive-url=https://web.archive.org/web/20190926125812/https://craft.co/sify-technologies|url-status=live}}</ref>
| homepage = {{URL|sifycorp.com}}
| homepage = {{URL|sifycorp.com}}
}}
}}


'''Sify Technologies Limited''' (formerly '''Satyam Infoway''')<ref>{{Cite web |date=7 January 2003 |title=Satyam Infoway changes name to Sify Ltd |url=http://www.rediff.com/money/2003/jan/07sify.htm |access-date=12 August 2018 |publisher=[[Rediff.com]]}}</ref> is an [[India|Indian]] [[information and communications technology]] (ICT) company providing [[Telecommunications|telecom]] services, [[data center]] services, [[Cloud computing|cloud]] & [[managed services]], transformation integration services, and application integration services. Sify Technologies Limited played a role during the early spread of Internet and [[e-commerce]] in India. It has been listed on [[NASDAQ]] as SIFY since October 1999. [[Merrill (company)|Merrill Lynch]] was the [[underwriter]] for Sify's [[Initial public offering|IPO]] on the [[NASDAQ]].<ref name="sidharthrao">{{Cite book|last=Rao|first=Sidharth|title=How I Almost Blew it: Incredible Lessons from India's Most Successful Digital Entrepreneurs|publisher=Westland Publications Private Limited|year=2019|isbn=9789388754378|pages=268–269}}</ref> Sify was founded and led to IPO by R. Ramaraj.
'''Sify Technologies Limited''' (formerly '''Satyam Infoway''')<ref>{{Cite web |date=7 January 2003 |title=Satyam Infoway changes name to Sify Ltd |url=http://www.rediff.com/money/2003/jan/07sify.htm |access-date=12 August 2018 |publisher=[[Rediff.com]] |archive-date=13 August 2018 |archive-url=https://web.archive.org/web/20180813004828/http://www.rediff.com/money/2003/jan/07sify.htm |url-status=live }}</ref> is an [[India|Indian]] [[information and communications technology]] (ICT) company providing [[Telecommunications|telecom]] services, [[data center]] services, [[Cloud computing|cloud]] & [[managed services]], transformation integration services, and application integration services. Sify Technologies Limited played a role during the early spread of Internet and [[e-commerce]] in India. It has been listed on [[NASDAQ]] as SIFY since October 1999. [[Merrill (company)|Merrill Lynch]] was the [[underwriter]] for Sify's [[Initial public offering|IPO]] on the [[NASDAQ]].<ref name="sidharthrao">{{Cite book|last=Rao|first=Sidharth|title=How I Almost Blew it: Incredible Lessons from India's Most Successful Digital Entrepreneurs|publisher=Westland Publications Private Limited|year=2019|isbn=9789388754378|pages=268–269}}</ref> Sify was founded and led to IPO by R. Ramaraj.


==History==
==History==
In November 1999, Sify paid {{currency|122.20|INR}} crore for a 24.5% stake in IndiaWorld Communications. It acquired the remaining shares for {{currency|325.40|INR}} crore on 30 June 2000.<ref name="sidharthrao" /><ref name=Indiaworld>{{cite news|title=Sify takes IndiaWorld with revised settlement|url=http://www.hindu.com/businessline/2000/07/04/stories/14043905.htm|access-date=24 July 2014|work=[[Business Line]]|date=3 July 2000}}</ref>
In November 1999, Sify paid {{currency|122.20|INR}} crore for a 24.5% stake in IndiaWorld Communications. It acquired the remaining shares for {{currency|325.40|INR}} crore on 30 June 2000.<ref name="sidharthrao" /><ref name=Indiaworld>{{cite news|title=Sify takes IndiaWorld with revised settlement|url=http://www.hindu.com/businessline/2000/07/04/stories/14043905.htm|access-date=24 July 2014|work=[[Business Line]]|date=3 July 2000}}</ref>


In 2000, Sify sponsored the [[India at the Olympics|India Olympics]] team.<ref name=olympic>{{cite news|title=Satyam sponsors Olympic team|url=http://www.tribuneindia.com/2000/20000827/biz.htm#6|access-date=24 July 2014|work=[[The Tribune]]|date=26 August 2000}}</ref> In January 2002, Sify announced prizes for most emails sent under a 6-week contest called "Sify Greenmail," promoting emails as an eco-friendly way of communication.<ref name="greenmail">{{cite news|title=Help plant more trees through ‘Sify Greenmail’|url=http://www.tribuneindia.com/2002/20020119/cth1.htm#18|access-date=24 July 2014|work=[[The Tribune]]|date=19 January 2002}}</ref> In March 2002, Sify made an agreement with [[Makemytrip]] to run Sify's travel portal.<ref name=makemytrip>{{cite news|title=Makemytrip allies with Coke, Maruti, Sify – Travel portal targets 300% growth|url=http://hindu.com/businessline/catalyst/2001/03/28/stories/1928d051.htm|access-date=24 July 2014|work=[[Business Line]]|date=28 March 2001}}</ref>
In 2000, Sify sponsored the [[India at the Olympics|India Olympics]] team.<ref name=olympic>{{cite news|title=Satyam sponsors Olympic team|url=http://www.tribuneindia.com/2000/20000827/biz.htm#6|access-date=24 July 2014|work=[[The Tribune]]|date=26 August 2000|archive-date=4 March 2016|archive-url=https://web.archive.org/web/20160304002147/http://www.tribuneindia.com/2000/20000827/biz.htm#6|url-status=live}}</ref> In January 2002, Sify announced prizes for most emails sent under a 6-week contest called "Sify Greenmail," promoting emails as an eco-friendly way of communication.<ref name="greenmail">{{cite news|title=Help plant more trees through ‘Sify Greenmail’|url=http://www.tribuneindia.com/2002/20020119/cth1.htm#18|access-date=24 July 2014|work=[[The Tribune]]|date=19 January 2002|archive-date=3 March 2016|archive-url=https://web.archive.org/web/20160303221832/http://www.tribuneindia.com/2002/20020119/cth1.htm#18|url-status=live}}</ref> In March 2002, Sify made an agreement with [[Makemytrip]] to run Sify's travel portal.<ref name=makemytrip>{{cite news|title=Makemytrip allies with Coke, Maruti, Sify – Travel portal targets 300% growth|url=http://hindu.com/businessline/catalyst/2001/03/28/stories/1928d051.htm|access-date=24 July 2014|work=[[Business Line]]|date=28 March 2001}}</ref>


Sify used to run the i-Way chain of [[Internet café|Internet cafes]].<ref name=i-way>{{cite news|title=New entrant in Internet service – BSNL to introduce broadband network in city|url=http://www.telegraphindia.com/1040526/asp/guwahati/story_3291881.asp|archive-url=https://web.archive.org/web/20140729173915/http://www.telegraphindia.com/1040526/asp/guwahati/story_3291881.asp|url-status=dead|archive-date=29 July 2014|date=26 May 2004|access-date=24 July 2014|work=[[The Telegraph (India)]]}}</ref> In 2002, Sify introduced wireless [[Last mile (telecommunications)|last mile connections]] with speeds up to 256 kbit/s.<ref name=wireless>{{cite news|title=Last mile connection goes wireless|url=http://www.hindu.com/thehindu/seta/2002/04/11/stories/2002041100030300.htm|archive-url=https://web.archive.org/web/20030730190505/http://www.hindu.com/thehindu/seta/2002/04/11/stories/2002041100030300.htm|url-status=dead|archive-date=30 July 2003|access-date=24 July 2014|work=[[The Hindu]]|date=11 April 2002}}</ref> By August 2003, it had over 1,000 i-Way cyber cafes in India.<ref name=IGI>{{cite news|title=Cyber café opened at IGI airport|url=http://www.hindu.com/2003/08/20/stories/2003082007680400.htm|archive-url=https://archive.today/20140805001015/http://www.hindu.com/2003/08/20/stories/2003082007680400.htm|url-status=dead|archive-date=5 August 2014|access-date=24 July 2014|work=[[The Hindu]]|date=20 August 2003}}</ref> In December 2003, Sify launched [[Videotelephony|video-conferencing]] facilities in its Internet cafes.<ref name=iMeet>{{cite news|title=Sify launches video-conferencing|url=http://www.tribuneindia.com/2003/20031210/cth2.htm#9|access-date=24 July 2014|work=[[The Tribune]]|date=10 December 2003}}</ref>
Sify used to run the i-Way chain of [[Internet café|Internet cafes]].<ref name=i-way>{{cite news|title=New entrant in Internet service – BSNL to introduce broadband network in city|url=http://www.telegraphindia.com/1040526/asp/guwahati/story_3291881.asp|archive-url=https://web.archive.org/web/20140729173915/http://www.telegraphindia.com/1040526/asp/guwahati/story_3291881.asp|url-status=dead|archive-date=29 July 2014|date=26 May 2004|access-date=24 July 2014|work=[[The Telegraph (India)]]}}</ref> In 2002, Sify introduced wireless [[Last mile (telecommunications)|last mile connections]] with speeds up to 256&nbsp;kbit/s.<ref name=wireless>{{cite news|title=Last mile connection goes wireless|url=http://www.hindu.com/thehindu/seta/2002/04/11/stories/2002041100030300.htm|archive-url=https://web.archive.org/web/20030730190505/http://www.hindu.com/thehindu/seta/2002/04/11/stories/2002041100030300.htm|url-status=dead|archive-date=30 July 2003|access-date=24 July 2014|work=[[The Hindu]]|date=11 April 2002}}</ref> By August 2003, it had over 1,000 i-Way cyber cafes in India.<ref name=IGI>{{cite news|title=Cyber café opened at IGI airport|url=http://www.hindu.com/2003/08/20/stories/2003082007680400.htm|archive-url=https://archive.today/20140805001015/http://www.hindu.com/2003/08/20/stories/2003082007680400.htm|url-status=dead|archive-date=5 August 2014|access-date=24 July 2014|work=[[The Hindu]]|date=20 August 2003}}</ref> In December 2003, Sify launched [[Videotelephony|video-conferencing]] facilities in its Internet cafes.<ref name=iMeet>{{cite news|title=Sify launches video-conferencing|url=http://www.tribuneindia.com/2003/20031210/cth2.htm#9|access-date=24 July 2014|work=[[The Tribune]]|date=10 December 2003|archive-date=4 March 2016|archive-url=https://web.archive.org/web/20160304000154/http://www.tribuneindia.com/2003/20031210/cth2.htm#9|url-status=live}}</ref>


In 2004, Sify, with [[Level Up! Games]], launched an [[MMORPG]].<ref name="MMORPG">{{cite news|title=PC games becoming more popular in Chennai|url=http://www.hindu.com/lf/2005/05/02/stories/2005050212290200.htm|archive-url=https://web.archive.org/web/20060819090952/http://www.hindu.com/lf/2005/05/02/stories/2005050212290200.htm|url-status=dead|archive-date=19 August 2006|access-date=24 July 2014|work=[[The Hindu]]|date=2 May 2005}}</ref> In June 2004, the [[Supreme Court of India]] set a legal precedent regarding domain names in the ''[[Satyam Infoway Ltd. v. Sifynet Solutions Pvt. Ltd.]]'' lawsuit.<ref name="Agarwal2010">{{cite book|author=Anurag K. Agarwal|title=Business and Intellectual Property: Protect Your Ideas|url=https://books.google.com/books?id=hp3kvvY3unMC&pg=PT59|access-date=24 July 2014|year=2010|publisher=Random House India|isbn=978-81-8400-167-9|pages=59–60}}</ref>
In 2004, Sify, with [[Level Up! Games]], launched an [[MMORPG]].<ref name="MMORPG">{{cite news|title=PC games becoming more popular in Chennai|url=http://www.hindu.com/lf/2005/05/02/stories/2005050212290200.htm|archive-url=https://web.archive.org/web/20060819090952/http://www.hindu.com/lf/2005/05/02/stories/2005050212290200.htm|url-status=dead|archive-date=19 August 2006|access-date=24 July 2014|work=[[The Hindu]]|date=2 May 2005}}</ref> In June 2004, the [[Supreme Court of India]] set a legal precedent regarding domain names in the ''[[Satyam Infoway Ltd. v. Sifynet Solutions Pvt. Ltd.]]'' lawsuit.<ref name="Agarwal2010">{{cite book|author=Anurag K. Agarwal|title=Business and Intellectual Property: Protect Your Ideas|url=https://books.google.com/books?id=hp3kvvY3unMC&pg=PT59|access-date=24 July 2014|year=2010|publisher=Random House India|isbn=978-81-8400-167-9|pages=59–60|archive-date=1 April 2024|archive-url=https://web.archive.org/web/20240401063408/https://books.google.com/books?id=hp3kvvY3unMC&pg=PT59#v=onepage&q&f=false|url-status=live}}</ref>


In November 2005, [[Satyam Computer Services]] sold its remaining 31.61% shares in Sify to Infinity Capital Ventures, which is owned by Raju Vegesna, for {{currency|62.62|USD}} million.<ref name="sold">{{cite news|url=http://www.dnaindia.com/money/report-satyam-sells-sify-to-silicon-valleys-raju-vegesna-9316|title=Satyam sells Sify to Silicon Valley's Raju Vegesna|date=10 November 2005|work=[[DNA India]]|access-date=24 July 2014}}</ref>
In November 2005, [[Satyam Computer Services]] sold its remaining 31.61% shares in Sify to Infinity Capital Ventures, which is owned by Raju Vegesna, for {{currency|62.62|USD}} million.<ref name="sold">{{cite news|url=http://www.dnaindia.com/money/report-satyam-sells-sify-to-silicon-valleys-raju-vegesna-9316|title=Satyam sells Sify to Silicon Valley's Raju Vegesna|date=10 November 2005|work=[[DNA India]]|access-date=24 July 2014|archive-date=29 July 2014|archive-url=https://web.archive.org/web/20140729180832/http://www.dnaindia.com/money/report-satyam-sells-sify-to-silicon-valleys-raju-vegesna-9316|url-status=live}}</ref>


== See also ==
== See also ==

Latest revision as of 16:50, 25 April 2024

Sify Technologies Limited
Company typePublic company
IndustryInternet
GenreInformation and communications technology
Founded12 December 1995; 28 years ago (1995-12-12)[1][2]
FounderR. Ramaraj
Headquarters
Tharamani, Chennai, Tamil Nadu
,
India
Area served
Key people
  • Kamal Nath (CEO)
  • Raju Vegesna (Chairman & managing director)
  • Vijay Kumar (CFO)
Products
RevenueIncrease ₹2,507 crore (US$310 million) (March 2018)[3]
Number of employees
2,655[4]
Websitesifycorp.com

Sify Technologies Limited (formerly Satyam Infoway)[5] is an Indian information and communications technology (ICT) company providing telecom services, data center services, cloud & managed services, transformation integration services, and application integration services. Sify Technologies Limited played a role during the early spread of Internet and e-commerce in India. It has been listed on NASDAQ as SIFY since October 1999. Merrill Lynch was the underwriter for Sify's IPO on the NASDAQ.[6] Sify was founded and led to IPO by R. Ramaraj.

History[edit]

In November 1999, Sify paid ₹122.2 crore for a 24.5% stake in IndiaWorld Communications. It acquired the remaining shares for ₹325.4 crore on 30 June 2000.[6][7]

In 2000, Sify sponsored the India Olympics team.[8] In January 2002, Sify announced prizes for most emails sent under a 6-week contest called "Sify Greenmail," promoting emails as an eco-friendly way of communication.[9] In March 2002, Sify made an agreement with Makemytrip to run Sify's travel portal.[10]

Sify used to run the i-Way chain of Internet cafes.[11] In 2002, Sify introduced wireless last mile connections with speeds up to 256 kbit/s.[12] By August 2003, it had over 1,000 i-Way cyber cafes in India.[13] In December 2003, Sify launched video-conferencing facilities in its Internet cafes.[14]

In 2004, Sify, with Level Up! Games, launched an MMORPG.[15] In June 2004, the Supreme Court of India set a legal precedent regarding domain names in the Satyam Infoway Ltd. v. Sifynet Solutions Pvt. Ltd. lawsuit.[1]

In November 2005, Satyam Computer Services sold its remaining 31.61% shares in Sify to Infinity Capital Ventures, which is owned by Raju Vegesna, for US$62.62 million.[16]

See also[edit]

References[edit]

  1. ^ a b Anurag K. Agarwal (2010). Business and Intellectual Property: Protect Your Ideas. Random House India. pp. 59–60. ISBN 978-81-8400-167-9. Archived from the original on 1 April 2024. Retrieved 24 July 2014.
  2. ^ a b c "Sify Technologies Ltd. ADS". The Wall Street Journal. Archived from the original on 8 January 2018. Retrieved 24 July 2014.
  3. ^ ""Sify registers 41% growth in Jan–Mar qtr"". Archived from the original on 12 June 2018. Retrieved 28 April 2018.
  4. ^ "Sify Technologies Company profile". Craft. Archived from the original on 26 September 2019. Retrieved 26 September 2019.
  5. ^ "Satyam Infoway changes name to Sify Ltd". Rediff.com. 7 January 2003. Archived from the original on 13 August 2018. Retrieved 12 August 2018.
  6. ^ a b Rao, Sidharth (2019). How I Almost Blew it: Incredible Lessons from India's Most Successful Digital Entrepreneurs. Westland Publications Private Limited. pp. 268–269. ISBN 9789388754378.
  7. ^ "Sify takes IndiaWorld with revised settlement". Business Line. 3 July 2000. Retrieved 24 July 2014.
  8. ^ "Satyam sponsors Olympic team". The Tribune. 26 August 2000. Archived from the original on 4 March 2016. Retrieved 24 July 2014.
  9. ^ "Help plant more trees through 'Sify Greenmail'". The Tribune. 19 January 2002. Archived from the original on 3 March 2016. Retrieved 24 July 2014.
  10. ^ "Makemytrip allies with Coke, Maruti, Sify – Travel portal targets 300% growth". Business Line. 28 March 2001. Retrieved 24 July 2014.
  11. ^ "New entrant in Internet service – BSNL to introduce broadband network in city". The Telegraph (India). 26 May 2004. Archived from the original on 29 July 2014. Retrieved 24 July 2014.
  12. ^ "Last mile connection goes wireless". The Hindu. 11 April 2002. Archived from the original on 30 July 2003. Retrieved 24 July 2014.
  13. ^ "Cyber café opened at IGI airport". The Hindu. 20 August 2003. Archived from the original on 5 August 2014. Retrieved 24 July 2014.
  14. ^ "Sify launches video-conferencing". The Tribune. 10 December 2003. Archived from the original on 4 March 2016. Retrieved 24 July 2014.
  15. ^ "PC games becoming more popular in Chennai". The Hindu. 2 May 2005. Archived from the original on 19 August 2006. Retrieved 24 July 2014.
  16. ^ "Satyam sells Sify to Silicon Valley's Raju Vegesna". DNA India. 10 November 2005. Archived from the original on 29 July 2014. Retrieved 24 July 2014.

External links[edit]

Retrieved from "https://en.wikipedia.org/w/index.php?title=Sify&oldid=1220740671"