Sify Renamed Sify Technologies Ltd; Focus On Offshoring

So is Sify still interested in the content space? The company has been renamed Sify Technologies Limited, and as per CMD and CEO Raju Vegesna the company wanted its name to reflect its core competence with Internet Protocol (IP) and the technologies they manage, monitor and deliver over IP network infrastructure and the Internet. He claims that their ofshored remote Infrastructure Management Services segment is growing rapidly, and the name change is in line with company’s strategy to position itself as a technology company with deep expertise in IT infrastructure management. The shift in focus is in line with something we’d pointed out a few months ago — that the company is becoming less of content play, with portal – Sify.com – contributing just 3.1 percent of the company’s revenues, while enterprise services account for 60.5 percent. Sify had integrated its consumer businesses (i-Way, broadband, portals) which contributed 32.6 percent in Q2.