IT giant Sify is planning to build its infrastructure in Hyderabad with an investment of approximately Rs 132 crore.
Kamal Nath, Chief Executive Officer, Sify, said, “We have set up a subsidiary of Sify in North America for the go-to-market collaboration. We will be providing bundled solutions to our customers.”
He also added that the centre will serve customers across Banking Financial Services and Insurance (BFSI), manufacturing, retail and eCommerce sectors.
In the first phase of the project, there will be an investment of USD 2 million. Thereafter, an amount of USD 8 million and USD 10 million will be infused over the next two years. The 1.5 acre land required for the delivery centre has been alloted by the Telangana Government. The centre will become operational by mid 2017 with a workforce of 3000 people.
Currently, keeping its focus on services in SMAC (social, mobile, analytics and Cloud), Sify has six tier-III data centres for state governments in India.
K T Rama Rao, Minister for IT and Panchayati Raj, Telangana, said, “We are in discussions with multiple organisations to build their data centres in Hyderabad and are contemplating setting up a data centre campus over an area of 50 acres in the city.”
Kamal Nath said, “With annual revenues of Rs 1,250 crore in 2014-15, Sify currently generates over 90 per cent revenues from 4000-plus enterprise customers in India. “We have set a target of generating 50 per cent of our revenues from global clients by 2020.”