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FINANCIAL CHRONICLE™ » EXPERT CHRONICLE™ » Ambeon Holdings fully owned subsidiary MillenniumIT ESP gears for global expansion

Ambeon Holdings fully owned subsidiary MillenniumIT ESP gears for global expansion

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Ambeon Holdings fully owned subsidiary MillenniumIT ESP gears for global expansion 1528798850060?e=2159024400&v=beta&t=kAPSJVNUF-jfhY1Xn9W6Qxy_o7kUWOKKRW9IbTMph-k

Ambeon Holdings fully owned subsidiary MillenniumIT ESP gears for global expansion Image_25e8f27bac
MillenniumIT ESP CEO Shevan Goonetilleke 

MillenniumIT ESP – Sri Lanka’s leading enterprise solutions provider – kicked off its global expansion drive by incorporating a new office in Singapore this year. This initiative was undertaken to expand the company’s business
into new markets and capture the growing global demand for enterprise technology solutions by capitalising on its unique resources, skills sets and capabilities, and by harnessing the power of the partnerships and relationships already built in the ASEAN region.

With 25 years’ experience of delivering thousands of technology projects across diverse sectors, MillenniumIT ESP has a variety of industry-specific solutions to offer the ASEAN market including Singapore, Indonesia, Cambodia, Nepal, Bangladesh, Myanmar, and India, especially in terms of subject matter expertise and advanced solution offerings which are in demand across these countries. 

The resources, skills sets and capabilities have been realigned to readily embrace the emerging markets and technology changes, to deal with constant environmental volatility and to enhance agility and speed to market. 

In addition, MillenniumIT ESP has longstanding partnerships with technology giants such as Oracle, Cisco, Microsoft, Dell, IBM, Huawei, and many others. While achieving the highest level of partnerships with the majority of these global players, the company’s consultants and technical professionals are certified in unique specialisations and competency levels under different partner offerings. The multiple working models enable the company to supply their solutions to potential global clients, including becoming a service partner, partnering with local system integrators as well as opportunities presented via their principals through partnership extension engagements.

More specifically, from a core infrastructure point of expertise, the company’s infrastructure, platform and network teams will extend their products, service capabilities and architectural services to projects by working remotely and through direct client site visits. Through MillenniumIT ESP’s Cloud expertise and considering the immense demand for Cloud Technologies, all offerings currently supplied to the local market will be extended to global clients. In addition, the company will offer consulting and deployment services and independent Cloud solutions implementation services for technology partners AWS, Microsoft Azure, Oracle Cloud, and Google Cloud.

The company’s cyber security portfolio targeted at these new overseas markets includes Cloud Security, Security for the Hybrid Workforce, Attack Centric Exposure Management and Security Analytics, which will position MillenniumIT ESP as a premium Small and Medium Enterprise solutions player that provides specialised services within its respected expertise. The services, solutions and delivery models, including its Network and Security Operations Centres, provide increased visibility and rapid detection of threats thus helping enterprises improve their overall security profiles. 

Our resources have a track record of assisting enterprises, irrespective of size, to accelerate their cybersecurity growth through every phase of cyber transformation — whatever that enterprise’s level of cybersecurity maturity – and thus act as a partner in cyber-transformation journey.

MillenniumIT ESP will expand its market reach and identify growth avenues in its Enterprise Application expertise, focusing on customer engagement solutions such as Sales, Marketing and Services Automation to effectively manage multi-channel end-to-end customer journeys. The Company will also bring operational excellence by implementing Core Business Application offerings including Enterprise Resource Planning (ERP), Human Capital Management (HCM) and Planning and Budgeting solutions. 

With a specific focus on the Banking, Financial Services and Insurance (BFSI) sector, through its Enterprise Applications expertise, MillenniumIT ESP will be offering its Banking Technology solutions portfolio which includes services for Core Banking and Treasury solutions implementation. 

Complementing its Enterprise Applications, MillenniumIT ESP’s Intelligent Automation and Data expertise brings enterprise-level automation capabilities using Business Process Management (BPM), Business Process Reengineering (BPR) and RPA technologies. In addition, Data Platform implementation and modernisation, and Business Intelligence and Analytics solutions provide consolidated views and better insights for overseas clients’ business operations. 

MillenniumIT ESP’s technical expertise in Smart Buildings will be heavily backed by the team’s credentials, giving the company a global competitive edge. Focused solutions will include contact centres, telephone and video conference and end-to-end Intelligent ELV solutions. The company will specifically aim at the Construction, Hospitality/Leisure and BFSI sectors in which it already owns a strong pool of customer references locally and internationally. 

Its Managed Services expertise, which has several existing global contracts and years of experience in dealing with mission-critical operations, will further expand its partner ecosystem and enhance solution offerings to provide better customer experiences bundled with Security Operations Centre (SOC) and Network Operations Centre (NOC) services. The portfolio, which includes Managed IT Operations, Managed Infrastructure Services and Managed Security Services, will be made available for all global clients bringing multiple benefits through operational, business and financial improvements. The company’s Managed IT Operations will especially focus on offering significant cost savings and reducing overheads in managing IT operations.

“MillenniumIT ESP has had an impressive 25-year journey within the local market. However, to remain competitive and be on par with the latest market trends and global expansion of demand for Enterprise IT solutions, we are taking our business forward by officially extending operations abroad and opening our first international office in Singapore. 

“Being a leader within the IT field and having received several global recognitions, along with owning the right technical know-how, skillset and industry experience, we are well-geared to deepen our footprint globally across all sectors we cater to including telco, banking and finance, manufacturing, healthcare, and transportation. The opening of the Singapore office is the first step of our ambitious journey to expand globally,” commented MillenniumIT ESP Director/CEO Shevan Goonetilleke.

MillenniumIT ESP (MIT ESP) is a complete enterprise solutions provider with a proven track record of serving global customers for over 25 years. The company provides technology solutions and services around core infrastructure, cloud, cyber security, enterprise applications, intelligent automation and data, smart buildings, and managed services. 

MIT ESP has a strong presence across a variety of industry sectors including telecommunications and media, banking and financial services, manufacturing and retail, government, and commercial sector which focuses on healthcare, transportation, hospitality, IT and BPO companies, and other conglomerates. Currently, the company is on a growth drive with plans to expand its footprint globally across all sectors. For more information, visit


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