Netweb Technologies India Limited has issued a press release addressing recent global AI developments, particularly the emergence of DeepSeek, and their impact on its business outlook. The company believes that DeepSeek presents an opportunity rather than a challenge, reinforcing its growth trajectory in high-end computing solutions (HCS).
Netweb, a leading OEM in AI and computing solutions, has highlighted three key factors supporting its growth in the AI space:
- Market Expansion: DeepSeek will drive broader AI adoption, lowering costs and enabling wider customer access to computing resources. This could increase demand for Netweb’s AI-driven solutions.
- GPU-Neutral Solutions: Netweb’s AI solutions portfolio supports multi-GPU/APU platforms, catering to both inference and training architectures. The company expects DeepSeek’s growth to accelerate AI adoption, benefiting its product line.
- Government & Enterprise Adoption: The Indian government’s AI policies focus on developing indigenous AI models, aligning with Netweb’s business strategy and bolstering local AI adoption.
The company reaffirmed its strong fundamentals, citing:
- Revenue growth: Over 60% YoY in 9MFY25, following a 62% increase in FY24.
- Robust order pipeline: ₹3,603 Mn confirmed orders, L1 orders at ₹3,481 Mn, and a ₹38,149 Mn project pipeline as of December 31, 2024.
- Expanding R&D and manufacturing capabilities, ensuring technology-agnostic AI solutions.
Netweb emphasized its strategic positioning in high-performance computing, private cloud, and AI systems, each contributing over 14-30% of revenue, providing ample growth potential. The company remains focused on product innovation, competitive pricing, and strong return ratios, positioning itself for long-term growth in the high-end computing market.
At a time when AI disruptions are shaping the industry, Netweb Technologies is confident in its ability to lead the AI computing space in India, leveraging government initiatives and expanding global adoption.