Sify

Last updated
Sify Technologies Limited
Public
Traded as
Industry Internet
Genre Information and communications technology
FoundedDecember 12, 1995;23 years ago (1995-12-12) [1] [2]
Headquarters,
Area served
Products
RevenueIncrease2.svg2,507.12 crore (US$350 million) (to March 2018), [3]
Number of employees
2,104 [2]
Website sifycorp.com

Sify Technologies Limited (formerly Satyam Infoway) [4] is an Indian information and communications technology company providing end to end ICT solutions including telecom services, data center services, cloud & managed services, transformation integration services and application integration services. Sify Technologies Limited played an important role during the early spread of Internet and e-commerce in India. It has been listed on NASDAQ as SIFY since 1999.

Information and communications technology (ICT) is an extensional term for information technology (IT) that stresses the role of unified communications and the integration of telecommunications and computers, as well as necessary enterprise software, middleware, storage, and audiovisual systems, that enable users to access, store, transmit, and manipulate information.

Internet Global system of connected computer networks

The Internet is the global system of interconnected computer networks that use the Internet protocol suite (TCP/IP) to link devices worldwide. It is a network of networks that consists of private, public, academic, business, and government networks of local to global scope, linked by a broad array of electronic, wireless, and optical networking technologies. The Internet carries a vast range of information resources and services, such as the inter-linked hypertext documents and applications of the World Wide Web (WWW), electronic mail, telephony, and file sharing.

E-commerce is the activity of buying or selling of products on online services or over the Internet. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems.

Contents

History

In November 1999, Sify paid 122.2 crore for a 24.5% stake in IndiaWorld Communications. It acquired the remaining shares for 325.4 crore on 30 June 2000. [5]

Indian rupee the official currency of the Republic of India

The Indian rupee is the official currency of India. The rupee is subdivided into 100 paise, though as of 2018, coins of denomination of 50 paise or half rupee is the lowest value in use. The issuance of the currency is controlled by the Reserve Bank of India. The Reserve Bank manages currency in India and derives its role in currency management on the basis of the Reserve Bank of India Act, 1934.

In 2000, Sify sponsored the India Olympics team. [6] In March 2001, Sify made an agreement with Makemytrip to run Sify's travel portal. [7] In January 2002, Sify announced prizes for most emails sent under a 6-week contest called "Sify Greenmail", promoting emails as an ecofriendly way of communication. [8]

Sify used to run the i-way chain of Internet cafes. [9] In 2002, Sify introduced wireless last mile connections with speeds up to 256 kbps. [10] By August 2003, it had over 1,000 i-Way cyber cafes in India. [11] In December 2003, Sify launched video-conferencing facilities in its Internet cafes. [12]

The last mile or last kilometer is a phrase widely used in the telecommunications, cable television and internet industries to refer to the final leg of the telecommunications networks that deliver telecommunication services to retail end-users (customers). More specifically, the last mile refers to the portion of the telecommunications network chain that physically reaches the end-user's premises. Examples are the copper wire subscriber lines connecting landline telephones to the local telephone exchange; coaxial cable service drops carrying cable television signals from utility poles to subscribers' homes, and cell towers linking local cell phones to the cellular network. The word "mile" is used metaphorically; the length of the last mile link may be more or less than a mile. Because the last mile of a network to the user is conversely the first mile from the user's premises to the outside world when the user is sending data, the term first mile is also alternately used.

In 2004, Sify, with Level Up Games, launched a MMORPG. [13] In June 2004, the Supreme Court of India set a legal precedent regarding domain names in the Satyam Infoway Ltd. v. Sifynet Solutions Pvt. Ltd. lawsuit. [1]

Supreme Court of India highest judicial court in the Republic of India

The Supreme Court of India is the highest judicial forum and final court of appeal under the Constitution of India, the highest constitutional court, with the power of judicial review. Consisting of the Chief Justice of India and a maximum of 31 judges, it has extensive powers in the form of original, appellate and advisory jurisdictions.

Domain name identification string that defines a realm of administrative autonomy, authority or control within the Internet

A domain name is an identification string that defines a realm of administrative autonomy, authority or control within the Internet. Domain names are formed by the rules and procedures of the Domain Name System (DNS). Any name registered in the DNS is a domain name. Domain names are used in various networking contexts and for application-specific naming and addressing purposes. In general, a domain name represents an Internet Protocol (IP) resource, such as a personal computer used to access the Internet, a server computer hosting a web site, or the web site itself or any other service communicated via the Internet. In 2017, 330.6 million domain names had been registered.

<i>Satyam Infoway Ltd. v. Sifynet Solutions Pvt. Ltd.</i>

Satyam Infoway Ltd. v. Sifynet Solutions Pvt. Ltd. was the first case to be decided by the Supreme Court of India on the issue of domain name protection, and dealt with two businesses employing variations on the same mark in their respective domain names.

In November 2005, Satyam Computer Services sold its remaining 31.61% shares in Sify to Infinity Capital Ventures, which is owned by Raju Vegesna, for US$ 62.62 million. [14]

United States dollar Currency of the United States of America

The United States dollar is the official currency of the United States and its territories per the United States Constitution since 1792. In practice, the dollar is divided into 100 smaller cent (¢) units, but is occasionally divided into 1000 mills (₥) for accounting. The circulating paper money consists of Federal Reserve Notes that are denominated in United States dollars.

See also

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References

  1. 1 2 Anurag K. Agarwal (2010). Business and Intellectual Property: Protect Your Ideas. Random House India. pp. 59–60. ISBN   978-81-8400-167-9 . Retrieved 24 July 2014.
  2. 1 2 3 4 "Sify Technologies Ltd. ADS". Wall Street Journal . Retrieved 24 July 2014.
  3. "Sify registers 41% growth in Jan-Mar qtr"
  4. "Satyam Infoway changes name to Sify Ltd". www.rediff.com. Retrieved 2018-08-12.
  5. "Sify takes IndiaWorld with revised settlement". The Hindu Business Line . 3 July 2000. Retrieved 24 July 2014.
  6. "Satyam sponsors Olympic team". Tribune India . 26 August 2000. Retrieved 24 July 2014.
  7. "Makemytrip allies with Coke, Maruti, Sify -- Travel portal targets 300% growth". The Hindu Business Line . 28 March 2001. Retrieved 24 July 2014.
  8. "Help plant more trees through 'Sify Greenmail'". Tribune India . 19 January 2002. Retrieved 24 July 2014.
  9. "New entrant in Internet service - BSNL to introduce broadband network in city". The Telegraph (India) . 26 May 2004. Retrieved 24 July 2014.
  10. "Last mile connection goes wireless". The Hindu . 11 April 2002. Retrieved 24 July 2014.
  11. "Cyber cafe opened at IGI airport". The Hindu . 20 August 2003. Retrieved 24 July 2014.
  12. "Sify launches video-conferencing". Tribune India . 10 December 2003. Retrieved 24 July 2014.
  13. "PC games becoming more popular in Chennai". The Hindu . 2 May 2005. Retrieved 24 July 2014.
  14. "Satyam sells Sify to Silicon Valley's Raju Vegesna". DNA India . 10 Nov 2005. Retrieved 24 July 2014.