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CHENNAI, India - Sify Technologies Limited (NASDAQ: SIFY), a prominent Indian Digital ICT solutions provider with a market capitalization of $336 million, has introduced a new pay-per-use model for AI Cloud Services. According to InvestingPro analysis, the company’s stock has surged over 57% in the past six months, reflecting strong market confidence in its strategic initiatives. This innovative pricing strategy is designed to support the increasing demand for AI capabilities, following the expansion of Sify’s portfolio of DGX-Ready Data Centers.
The company’s data centers in Chennai and Noida have recently been certified under NVIDIA’s DGX-Ready Data Center program, joining the previously certified Navi Mumbai data center in 2024. With revenue growth of nearly 12% over the last twelve months, Sify’s expansion of certified facilities aligns with its growth trajectory. The colocation pricing program, which is based on an hourly rate, includes hosting, power, and infrastructure costs.
The hourly pricing model aims to lower the barriers to entry and fixed-cost risks for GPU Cloud partners, allowing them to quickly adapt to the expanding AI market. Sify’s infrastructure supports a range of NVIDIA platforms, including the H100, H200, B200, GB200 NVL72, and GB300 NVL72, as well as liquid-cooled variants.
Sharad Agarwal, CEO of Sify Infinit Spaces Limited, highlighted that Sify’s investment in cutting-edge infrastructure has resulted in the most extensive network of NVIDIA-certified data centers in India. The hourly colocation pricing model is expected to accelerate the deployment of these platforms to cater to on-demand applications in the country.
According to Rajiv Ranjan, Associate Research Director at IDC Asia Pacific, India is emerging as a key player in the global AI landscape, with advantages such as a skilled workforce and cost-effective digital infrastructure. Sify’s pay-per-use model, leveraging NVIDIA-certified platforms, is seen as a strategic innovation that could further India’s position as a hub for AI workloads and transformation.
Sify Technologies has been recognized multiple times with the Golden Peacock Award for Corporate Governance and is known for its comprehensive ICT services and solutions, with a focus on cloud-based offerings. The company serves over 10,000 businesses in India and has an international presence in North America, the United Kingdom, and Singapore.
This news is based on a press release statement and has not been independently verified. Sify advises that the forward-looking statements in the press release are subject to risks and uncertainties that could cause actual results to differ materially from those projected. For deeper insights into Sify’s financial health and growth prospects, including exclusive ProTips and comprehensive analysis, visit InvestingPro, where you’ll find detailed research reports and expert analysis covering over 1,400 US-listed companies.
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