Netweb Technologies soars on launching Skylus.ai
Netweb Technologies India is currently trading at Rs. 1396.50, up by 56.00 points or 4.18% from its previous closing of Rs. 1340.50 on the BSE.
The scrip opened at Rs. 1331.95 and has touched a high and low of Rs. 1401.90 and Rs. 1322.25 respectively. So far 745 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3060.00 on 17-Dec-2024 and a 52 week low of Rs. 1304.25 on 18-Feb-2025.
Last one week high and low of the scrip stood at Rs. 1571.45 and Rs. 1304.25 respectively. The current market cap of the company is Rs. 7594.45 crore.
The promoters holding in the company stood at 71.39%, while Institutions and Non-Institutions held 16.32% and 12.28% respectively.
Netweb Technologies has launched Skylus.ai, a groundbreaking composable GPU aggregation-disaggregation appliance designed to optimize GPU resource management for AI including GenAI workloads. It addresses the critical challenges faced by organizations in utilizing multi-vendor GPU and CPU resources, offering a vendor-agnostic solution that drives faster ideation, fosters collaboration, and accelerates experimentation while optimizing resource utilization and total cost of ownership.
Skylus.ai simplifies the integration of multi-vendor GPUs and CPUs, enabling the creation of tailored workspaces that align with specific workload needs. Whether utilizing CPUs, full GPUs, or slices of multi-instance GPUs, Skylus.ai ensures seamless and efficient resource allocation. The platform also uses Tyrone Kubyts, a workbench featuring a pre-tested, pre-built, optimized, and qualified set of curated container images in the form of an Image marketplace. This allows users to access packaged containers or VM disk images that are ready to deploy, saving time and reducing the complexity of application deployment from scratch.
In addition to its advanced resource management capabilities, Skylus.ai integrates seamlessly with Tyrone HyperScale NAS - ParallelStor, a hyperscale storage solution that supports file and object access, ensures throughput and latency, and manages large volumes of small files with ease. This integration eliminates the need for multiple data copies and supports global data management across on-premises and cloud environments.
Netweb Technologies 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.
