Sify invests ₹300 cr in new data centres

Adith Charlie Mumbai | Updated on July 30, 2014 Published on July 30, 2014

Nasdaq-listed Sify Technologies has invested ₹300 crore to set up two new data centres in the wake of increasing demand for such services, a top company official said.

The units, one each in Navi Mumbai (Maharashtra) and Noida (Uttar Pradesh), are tier-3 data centres, which mean that the facilities would have an up time availability of 99.982 per cent.

A lion’s share of the ₹300 crore has been channelised towards the new centre in Rabale (Navi Mumbai), Chief Executive Officer Kamal Nath, said. In the quarter gone by, the company’s data centre services unit bagged 13 new customers.

The Rabale Centre has been termed as ‘ClouDCentre.’ It has 2,80,000 square feet of built up space and 65,000 square feet of raised floor space.

Speaking to BusinessLine, Nath said: “We are calling it ‘ClouDCentre’ as customers will have the option of bringing some elements of their IT stack and sourcing the rest from us. For instance, they can bring their computing equipment and take the server, storage and networking pieces from us.”

The company has already signed up with three customers for the Rabale centre and is in the process of bringing them on board, he added.

The Noida data centre was announced in November last year. It would provide services such as hosted applications, enterprise risk management and others, the company said.

Published on July 30, 2014

A letter from the Editor

Dear Readers,

The coronavirus crisis has changed the world completely in the last few months. All of us have been locked into our homes, economic activity has come to a near standstill. Everyone has been impacted.

Including your favourite business and financial newspaper. Our printing and distribution chains have been severely disrupted across the country, leaving readers without access to newspapers. Newspaper delivery agents have also been unable to service their customers because of multiple restrictions.

In these difficult times, we, at BusinessLine have been working continuously every day so that you are informed about all the developments – whether on the pandemic, on policy responses, or the impact on the world of business and finance. Our team has been working round the clock to keep track of developments so that you – the reader – gets accurate information and actionable insights so that you can protect your jobs, businesses, finances and investments.

We are trying our best to ensure the newspaper reaches your hands every day. We have also ensured that even if your paper is not delivered, you can access BusinessLine in the e-paper format – just as it appears in print. Our website and apps too, are updated every minute, so that you can access the information you want anywhere, anytime.

But all this comes at a heavy cost. As you are aware, the lockdowns have wiped out almost all our entire revenue stream. Sustaining our quality journalism has become extremely challenging. That we have managed so far is thanks to your support. I thank all our subscribers – print and digital – for your support.

I appeal to all or readers to help us navigate these challenging times and help sustain one of the truly independent and credible voices in the world of Indian journalism. Doing so is easy. You can help us enormously simply by subscribing to our digital or e-paper editions. We offer several affordable subscription plans for our website, which includes Portfolio, our investment advisory section that offers rich investment advice from our highly qualified, in-house Research Bureau, the only such team in the Indian newspaper industry.

A little help from you can make a huge difference to the cause of quality journalism!

Support Quality Journalism
This article is closed for comments.
Please Email the Editor
You have read 1 out of 3 free articles for this week. For full access, please subscribe and get unlimited access to all sections.