Netweb Technologies India Limited has introduced a new data infrastructure platform, bringing its stock into focus as demand for AI-driven computing continues to accelerate.
The company has launched Tyrone ParallelStor Velox, designed as a unified data platform to support artificial intelligence, high-performance computing and enterprise workloads.
The offering is built to address a key limitation in modern computing systems, where processing power has advanced rapidly, but data movement and access have not kept pace.
This imbalance has led to inefficiencies such as fragmented storage, repeated datasets, and slower data pipelines, which reduce utilisation of high-end compute infrastructure.
The newly introduced platform is positioned to streamline these challenges by creating a single, integrated data environment.
ParallelStor Velox combines flash, disk, tape and cloud storage into a unified system, enabling seamless data access and high-throughput performance across distributed environments.
It supports concurrent workloads at scale and integrates NVIDIA GPUDirect Storage for direct data transfer between storage and GPU memory, reducing latency, minimising CPU dependency and improving efficiency in AI and machine learning tasks. This enhances GPU utilisation, speeds up model training and strengthens overall infrastructure performance.
The platform operates across hybrid environments including on-premise, edge and multi-cloud, while supporting protocols such as POSIX, NFS, SMB, S3/Swift and Hadoop for broad application compatibility.
Its policy-based data lifecycle management automatically moves data across storage tiers based on usage, optimising cost and performance without altering user workflows. It is designed for data-intensive sectors such as AI research, high-performance computing, government systems and financial services.
As per the exchange filings, Swastik Chakraborty highlighted the importance of data infrastructure, stating that “AI infrastructure is only as effective as the data layer behind it,” adding that without high-performance data pipelines, even advanced compute systems remain underutilised.
He noted that the new platform enables organisations to move away from fragmented storage models and adopt a unified system capable of supporting large-scale workloads efficiently.
As of 29 April 2026, at 11:13 AM, Netweb Technologies India Limited share price is trading at ₹4,035 per share, reflecting a gain of 0.82% from the previous closing price.
With the launch of ParallelStor Velox, Netweb Technologies is positioning itself to address evolving requirements in AI and data-intensive computing, focusing on integrated infrastructure and improved data efficiency across enterprise environments.
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Published on: Apr 29, 2026, 11:50 AM IST
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