SANTA CLARA, CALIF., Aug. 13, 2015 (GLOBE NEWSWIRE) -- Sify Technologies Limited (NASDAQ: SIFY), headquartered in Chennai, India, a leader in Managed Enterprise, Network, IT and Applications services in India with global delivery capabilities, today announced that their Chief Financial Officer, M P Vijay Kumar has been recognized as one of the 'Most influential CFOs of India' by CIMA, London. The award was presented in Mumbai recently.
'Most Influential CFOs of India' is an effort of the Research team at CMO Asia & indiasgreatest.com to recognize and celebrate the outstanding performance by CFOs. This year marks the debut of the 'Most influential CFOs of India' awards. M P Vijay Kumar is also one of the youngest successful CFOs in the country and has been recognised by CIMA for his outstanding performance.
Raju Vegesna, Chairman, Sify Technologies, said, "The Sify family and I, congratulate Vijay on this excellent recognition. Vijay has consistently demonstrated a clear grasp of the fundamentals of business, compliance to International Accounting Standards and ethical practices, and has been an asset in negotiating the Indian financial landscape all through Sify's growth. I wish Vijay many more years of stellar performance at Sify."
On receiving the award, M P Vijay Kumar, remarked "I am honored to receive this award and truly appreciate the recognition. My success has a lot to do with the freedom within my Company and my excellent team at Sify, who have driven the transformation that has led to consistent growth in revenue and profitability."
Vijay Kumar joined Sify in 2007 as the Chief Financial Officer and has been a key member of Sify's transformation into a leading Enterprise IT Infra and Services player. In addition to his responsibilities as CFO, he is also a Director on the Board of Sify Technologies (Singapore) Pte. Ltd., National Internet Exchange of India (NIXI) and Thejo Engineering Limited - the first company to be listed in SME Platform "Emerge" of National Stock Exchange (NSE). Vijay Kumar is a rank holder in Chartered Accountancy and is a qualified Cost Accountant and Company Secretary.
About CIMA
The Chartered Institute of Management Accountants, founded in 1919, is the world's leading and largest professional body of management accountants, with 183,000 members and students operating in 168 countries, working at the heart of business. CIMA members and students work in industry, commerce, the public sector and not for profit organizations. CIMA works closely with employers and sponsors leading edge research, constantly updating its qualification, professional experience requirements and continuing professional development to ensure it remains the employers' choice when recruiting financially trained business leaders.
About Sify Technologies
Sify is among the largest integrated ICT Solutions and Services companies in India, offering end-to-end solutions with a comprehensive range of products delivered over a common telecom data network infrastructure reaching more than 1300 cities and towns in India. This telecom network today connects 38 Data Centres across India including Sify's 6 Tier III Data Centres across the cities of Chennai, Mumbai, Delhi and Bengaluru.
A significant part of the company's revenue is derived from Enterprise Services, comprising of Telecom services, Data Centre services, Cloud and Managed services, Applications Integration services and Technology Integration services. Sify also provides services that cater to the burgeoning demands of the SMB community, much of it on its Cloud services platform.
Certifications
• ISO 9001:2008 - Enterprise Sales, Provisioning, support and customer relationship management of ICT solutions and services including VPN, Network, Voice, Data Centre hosting, Integration services, security services and managed services.
• ISO / IEC 20000 - 1:2011- Data Centre Operations.
• ISO/IEC 27001:2013 - Network Operations, Hosting at Data centers & PoPs and for providing Managed security services at SOC and for providing Managed Hosting services
• SSAE16 SOC2 Type II for Cloud Infrastructure
• TL 9000 for Enterprise Network Services, Network Integration Services including Design, Implementation and Support services. This certification is telecommunication industry's quality system standard that expands the requirements of the International Standards Organization's ISO 9000 quality management standard in use by industries worldwide.
Sify has a unified licence to operate NLD (National Long Distance), ILD (International Long Distance) services and ISP services and offers VoIP backhaul for international carriers. With the Sify Cable landing station and partnerships with submarine cable companies globally, Sify is present in almost all the spheres of the ICT eco system.
Sify has an expanding base of Managed Services customers, both in India and overseas, and is India's first enterprise managed services provider to launch a Security Operations Center (SOC) to deliver managed security services. The software team develops applications and offers services to improve business efficiencies of its current and prospective client bases. Sify also offers services in the specialized domains of eLearning, both in India and globally. For more information about Sify, visit www.sifycorp.com
Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E 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 Sify's business, please see the discussion under the caption "Risk Factors" in the company's Annual Report on Form 20-F for the year ended March 31, 2015, 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 Sify's other reports filed with the SEC.
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