NetWeb Software Company Profile

Background

Founded in 1998, NetWeb Software is a global leader in business and technology services, specializing in delivering high-end business software solutions, professional services, and innovative products to a diverse clientele, including Fortune 500 enterprises and large technology giants. The company's mission is to deliver innovative and profitable business solutions using an agile environment and productive processes. Its vision emphasizes partnering with clients to integrate technology seamlessly into their business operations, thereby accelerating growth and achieving milestones.

Key Strategic Focus

NetWeb Software's strategic focus encompasses:

Application Modernization: Ensuring continuous delivery of user experiences by modernizing applications to adapt to evolving technologies.

Software Engineering Services: Leveraging extensive software engineering expertise to expedite product launches, update existing products, and manage expanded product portfolios cost-effectively, enhancing customer value.

AI-Driven Business Solutions: Utilizing artificial intelligence to identify new opportunities, solve complex business problems, and drive innovation.

Robotic Process Automation (RPA): Implementing RPA with experienced professionals and proven methodologies to ensure successful automation initiatives.

Financials and Funding

NetWeb Software's financial performance is characterized by:

Revenue: Estimates vary, with reported annual revenues of approximately $14.1 million to $28.2 million.

Employee Count: The company employs between 153 and 200 professionals.

Specific details regarding funding history and notable investors are not publicly disclosed.

Technological Platform and Innovation

NetWeb Software distinguishes itself through:

Proprietary Products:

SenzIt: A sentiment analysis and prediction tool leveraging artificial intelligence for superior sentiment detection and prediction.

Qbicle: A workspace management solution providing real-time information to manage workspaces efficiently and effectively.

Scientific Methodologies: The company employs advanced scientific methods, including machine learning algorithms, to enhance its AI-driven solutions.

Leadership Team

NetWeb Software's leadership comprises:

Dipti Shukla: President, providing strategic vision and support for the company's growth. Prior to her current role, she managed operations and finance at NetWeb’s USA office.

Maulik Bhansali: Co-Founder and Chief Executive Officer, with extensive experience in software engineering and AI-powered digital transformation. He also serves as Vice Chair for NASSCOM’s National SME Council and is a founding member and President of TiE Vadodara.

Ankit Shah: Director & Vice President of Business Development, responsible for global business development and identifying new markets and growth opportunities. He holds an Engineering degree in Computer Science from the University of Mumbai.

Norman Rosenthal: Vice President of Partnerships & Sales, with over two decades of expertise in business development, focusing on mergers and acquisitions. His background includes roles at Cap Gemini, Computer Associates, Micro Focus, and Blue Cross Blue Shield.

Competitor Profile

Market Insights and Dynamics

NetWeb Software operates in the competitive IT services and consulting industry, focusing on software development, AI-driven solutions, and application modernization. The market is characterized by rapid technological advancements and a growing demand for digital transformation services.

Competitor Analysis

Key competitors include:

Kongsberg Digital: An industrial software provider offering digital solutions across various sectors.

Infor US: A provider of business software and services, specializing in enterprise software solutions.

Modular Mining: Develops fleet management systems for the mining industry.

SEDEMAC: A technology company focusing on control solutions for engines and powertrains.

Strategic Collaborations and Partnerships

In October 2024, NetWeb Software partnered with GlobalEdgeMarkets (GEM) to accelerate AI transformation for small and mid-size enterprises. This collaboration combines GEM’s AI strategy expertise with NetWeb’s AI agentic solutions to modernize legacy systems, integrate automation, and drive scalable growth.

Operational Insights

NetWeb Software's strategic considerations include:

Market Position: Leveraging its expertise in AI-driven solutions and application modernization to maintain a competitive edge.

Competitive Advantages: A strong management team, strategic offshore locations, cost-effectiveness, and an ISO-9001:2015 certified quality management system.

Strategic Opportunities and Future Directions

NetWeb Software aims to:

Expand AI Capabilities: Enhance AI-driven business solutions to address complex business problems and drive innovation.

Strengthen Partnerships: Build strategic alliances to broaden market reach and service offerings.

Focus on Digital Transformation: Assist clients in modernizing applications and integrating automation to stay competitive in a rapidly evolving digital landscape.