Cyfuture to build new data center in Noida with an investment of 50 crores

Noida, June 9, 2016 : Cyfuture, a leading provider of data center, cloud and outsourced support services announced plans to build a new data center facility in Noida with an initial investment of INR 50 crores (approx. USD 8 million). This new data center with an initial capacity of 500 racks will be an addition to its already existing Tier III data center facilities in Noida and Jaipur. Construction work is in progress and the company expects to launch the facility by the end of the current calendar year.

The new Noida facility would be focused on delivering cloud data center solutions to businesses that are looking for local cloud facilities to host their virtual infrastructure on. Cyfuture currently offers Infrastructure as a Service (IaaS) to more than 500 clients globally and expects this number to grow significantly with the launch of its new data center.

"This new data center is in-line with our expansion plans for the future. We plan to invest 250 crores in the coming 5 years in our data center business. Once our new Noida data center is operational, we plan to expand our data center footprint to Bangalore and Mumbai. While our Noida data center is a greenfield project, we might consider brownfield projects in Mumbai and Bangalore" said Anuj Bairathi, Founder & CEO, Cyfuture.

"We feel that the data center market in Delhi, Noida and Gurgaon is still underserved and offers ample opportunities for growth. As such we decided to build our second data center in Noida and then move to other locations in India. Several leading global corporations and technology led start-ups are currently setting up their operations in this part of the country and would need the services of a local data center provider to derive the benefits of lower latency. With our experience and expertise of operating in the location, we can help such companies with all their data center infrastructure needs", he added.

Cyfuture's data center business operates under the brand name of Go4hosting and currently has several leading clients in its portfolio. These include Fortune 500 brands like Indian Oil Corporation Limited, Bharat Petroleum Corporation Limited, Hindustan Petroleum Corporation Limited and other large enterprise clients like Punjab National Bank, IDBI Bank, National Thermal Power Corporation amongst others.

About Cyfuture
Cyfuture is a leading provider of data center, cloud and outsourced support services to clients in e-commerce, retail, information technology, software services, education, banking and finance sector and government agencies. Our solutions help clients increase their productivity and performance whilst we efficiently manage their business critical IT infrastructure and business support functions.

Cyfuture owns and operates state-of-the-art, tier III data center facilities in Noida and Jaipur (India) which are equipped with cutting-edge hardware to deliver industry leading data center and cloud hosting solutions. We have a team of more than 1500 qualified professionals across nine locations in India, US and UK, delivering end-to-end technical support and business process outsourcing solutions to global clients. Our hosting and outsourcing business operate under the brand names of Go4hosting and Go4customer respectively. For more details, please visit www.cyfuture.com

Media contact
Mr. Munish Mahajan
Phone: +91-120-666-7700, Extn - 705
Mobile: +91-9560183636
E-mail: munish@cyfuture.com