Quick Win By The Algorithm: SIFY Expands Its Network Presence

Quick Win By The Algorithm

On September 5th, 2017, I Know First issued a bullish 14-days forecast for Sify Technologies Limited (NASDAQ: SIFY). The forecast showed a signal of 28.12 and a predictability of 0.18. In accordance with the forecast, SIFY’s stock returned 65.97% over this period, solidifying another quick win by the I Know First algorithm.

Sify Technologies Limited provides integrated information and communications technology solutions and services in India and internationally. The Company delivers a range of services that enable businesses and consumers to communicate, transmit, and share information, as well as conduct business remotely using its private data network and the internet. Additionally, it provides Website design, development, content management, online assessment tools, search engine optimization services, messaging and collaboration solutions, on-line testing engine, network management services and on-line exam engine solutions. Founded in 1995, Sify Technologies Limited has its headquarter in Chennai, India.

Recently, SIFY partnered with Interxion Holding NV the 7th network Point of Presence (PoP) in Marseille, France. They have implemented four submarine cable systems that connects India to Marseille.

SIFY strategically chose this location to expand its network presence. The large and growing community network in Marseille accelerates their ability to cater to their burgeoning demand. With connectivity between 1500 cities and 45 data centres in India, SIFY will provide its customers with effective solutions to efficiently handle the large increase in content that is being exchanged between India and Europe.

This expansion enhanced SIFY’s ability to provide a high availability network between Europe and its more than 9000 Enterprises customers in India. Thus, SIFY now connects all the major global data-transit locations.

Current I Know First subscribers received this bullish SIFY forecast on September 5th, 2017

Disclaimer

Before making any trading decisions, consult the latest forecast as the algorithm updates predictions daily. You can use the algorithm for intra-day trading. The predictability tends to become stronger with forecasts over longer time-horizons such as the 1-month, 3-month and 1-year forecasts.