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Netweb inches up on launching ‘Tyrone ParallelStor Velox’ to address data bottleneck in AI infrastructure

Tyrone ParallelStor Velox is Unified Data Platform with parallel file system capabilities, designed to address the data bottleneck in AI infrastructure

Netweb Technologies India is currently trading at Rs. 4035.15, up by 7.35 points or 0.18% from its previous closing of Rs. 4027.80 on the BSE.

The scrip opened at Rs. 4072.70 and has touched a high and low of Rs. 4111.00 and Rs. 3981.05 respectively. So far 46886 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 4480.00 on 08-Oct-2025 and a 52 week low of Rs. 1397.45 on 02-May-2025.

Last one week high and low of the scrip stood at Rs. 4175.00 and Rs. 3044.30 respectively. The current market cap of the company is Rs. 22818.13 crore.

The promoters holding in the company stood at 66.98%, while Institutions and Non-Institutions held 13.97% and 19.04% respectively.

Netweb Technologies has launched Tyrone ParallelStor Velox, a Unified Data Platform with parallel file system capabilities, designed to address one of the most critical challenges in modern computing: the data bottleneck in AI infrastructure. Velox acts as a high-performance data backbone for AI, HPC, and enterprise workloads, ensuring that data can be accessed, moved, and processed at the speed modern compute demands. By unifying data across flash, disk, tape, and cloud into a single global namespace, Velox eliminates silos and enables seamless, high-speed access across environments. This allows AI pipelines, analytics frameworks, and enterprise applications to operate on a single, consistent data layer -- without duplication or delays.

To further accelerate AI data pipelines, Velox supports advanced data path optimization technologies. It provides high-throughput data pipelines to feed GPU clusters efficiently; concurrent access at scale for AI training, simulation, and analytics; consistent performance across distributed environments; elimination of redundant data copies across file and object workloads; support for NVIDIA GPUDirect Storage, enabling direct data transfer between storage and GPU memory, bypassing CPU overhead and significantly reducing latency for AI/ML workloads.

ParallelStor Velox is designed for data-intensive, high-growth sectors, including AI & HPC / Research, Government & Public Sector and BFSI. Built in India, Velox aligns with the growing need for sovereign AI infrastructure, offering organizations greater control, security, and scalability over their data environments.

Netweb Technologies India is one of the country's leading high-end computing solutions (HCS) providers. It is one of the few original equipment manufacturers (OEMs) in the country and is a recipient of production-linked incentives schemes of the Government of India.