GlobeNewswire Inc | Jan 31, 2022 08:00AM EST

January 31, 2022

CHENNAI, India., Jan. 31, 2022 (GLOBE NEWSWIRE) -- Sify Technologies Limited (NASDAQ: SIFY), Indias leading Digital ICT solutions provider with global service capabilities spanning Data Center, Cloud, Networks, Security and Digital services, was recently recognized as a Niche Player in the 2021 Gartner Magic Quadrant for Managed Network Services. The evaluation was made based on specific criteria that analyzed the companys overall completeness of vision and ability to execute.

Garters Magic Quadrant reports are a culmination of rigorous, fact-based research in specific markets, providing a wide-angle view of the relative positions of the providers in markets where growth is high and provider differentiation is distinct. Providers are positioned into four quadrants: Leaders, Challengers, Visionaries and Niche Players. The research enables one to get the most from market analysis in alignment with their unique business and technology needs.

According to Gartner research, By 2024, 30% of enterprise buyers will demand managed network services (MNS) that include near-real-time case management synchronization with enterprise-operated IT service management (ITSM) tools and more than 60% of software-defined, wide-area network (SD-WAN) customers will have implemented a secure access service edge (SASE) architecture.

As an integrated digital transformation partner with cloud@core portfolio of services, Sify can help enterprises to derive value by transforming their network with a suite of managed network solutions and services that include a world class Service delivery platform (SDP), Service management functions, Operations automation, Customer experience management, Professional services and transformative technologies such as SD-WAN and Secure Access Service Edge (SASE).

Commenting on the recognition, Kamal Nath, CEO, Sify Technologies said, This stands testimony to our world class managed network services capability. Sifys deep and proven expertise in managing customers mission critical networks at scale, is a preferred choice for enterprises looking to meet their network transformational goals. We are also building competencies in emerging tech to future-proof our customers networks and enhance outcomes through application of AI/ML.

CLICK HERE TO READ THE FULL REPORT

Gartner, Magic Quadrant for Managed Network Services, 10 November 2021, Ted Corbett, Danellie Young Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartners research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.GARTNER and Magic Quadrant are registered trademarks and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.

About Sify TechnologiesA Fortune India 500 company, Sify Technologies is Indias most comprehensive ICT service & solution provider. With Cloud at the core of our solutions portfolio, Sify is focussed on the changing ICT requirements of the emerging Digital economy and the resultant demands from large, mid and small-sized businesses.

Sifys infrastructure comprising state-of-the-art Data Centers, the largest MPLS network, partnership with global technology majors and deep expertise in business transformation solutions modelled on the cloud, make it the first choice of start-ups, SMEs and even large Enterprises on the verge of a revamp.

More than 10000 businesses across multiple verticals have taken advantage of our unassailable trinity of Data Centers, Networks and Security services and conduct their business seamlessly from more than 1600 cities in India. Internationally, Sify has presence across North America, the United Kingdom and Singapore.

Sify, www.sify.com, Sify Technologies and www.sifytechnologies.com are registered trademarks of Sify Technologies Limited.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section27A of the Securities Act of 1933, as amended, and Section21E 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 Sifys business, please see the discussion under the caption Risk Factors in the companys Annual Report on Form 20-F for the year ended March 31, 2021, 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 Sifys other reports filed with the SEC.

For further information, please contact:

Sify Technologies Limited 20:20 Media Grayling Investor Relations

Mr. Praveen Krishna Nikhila Kesavan Lucia DomvilleInvestor Relations & Public +91 9840124036 +1-646284-9416Relations nikhila.kesavan@2020msl.com Lucia.Domville@grayling.com+91 44 22540777 (ext.2055)praveen.krishna@sifycorp.com