- The company prides itself implementing many firsts as the trend setter of the IT industry in the country
Sri Lanka’s leading Systems Integrator and Technology Provider Millennium I.T. E.S.P. (Private) Limited trading as MillenniumIT ESP, proudly announced that the company is celebrating twenty-five years of evolving its service offerings, expanding global reach and transforming customer businesses to be relevant for tomorrow… today. The 100% Sri Lankan origin-based Information Technology entity continues to offer agile, adaptive and rapidly evolving technology that solve current and future business challenges, helping to confidently navigate the ever-changing global business landscape.
“It is with great pride that we celebrate this all-important milestone of an entity that has created many notable firsts and sustainable growth within the IT industry of Sri Lanka,” stated Shevan Goonetilleke, Director/Chief Executive Officer, MillenniumIT ESP. “MillenniumIT ESP’s foundation to success has always been its people, values and culture – one which has been built on relationships and mutual trust. Employees are united by loyalty to the Company and a passion for success whilst leadership is driven by teamwork, innovation, enforcement of positive relationships and a result-oriented mind set.” Goonetilleke continued. “After twenty-five years of creating a value driven culture internally and future ready business models and strategies externally, MillenniumIT ESP has earned credibility as a trusted Employer and Service Provider/Partner. Having matured our engagement model, we are now ready to continue this journey into the next phase of growth. In the immediate future, the Company will focus on enabling new age technologies such as Artificial Intelligence (AI) and Internet of Things (IoT) to meet near future needs and drive sustainable and profitable business outcomes across Sri Lanka and the world over,” Goonetilleke concluded.
MillenniumIT ESP (formerly known as ‘Millennium IT/ Millennium Information Technologies (Private) Limited’) was founded in 1996 by its Founder/Director Mr. Tony Weerasinghe as a Systems Integrator and Sun Microsystem’s authorized reseller. The following year itself the Company rose to prominence as it deployed the hardware infrastructure solution for the Colombo Stock Exchange’s (CSE) trading platform. Subsequently, the Company built the first suite of telecom software for Dialog Axiata or ‘Dialog GSM’ as it was known then, Sri Lanka’s leading GSM telecom provider.
Over the years, the organization has grown in numbers with over 400 employees who work across all sectors facilitating and implementing a wide breath of technologies to a truly global customer base. MillenniumIT ESP has managed to build several global partnerships with leading firms including Oracle, CISCO, Dell, Microsoft, IBM, and Edgeverve (“Infosys”) and the Company has also received numerous excellence, innovation and performance-based awards across various markets for its services around the globe, and continues to excel in their respective fields year on year.
As the leader in enterprise technology for the telecommunication industry, MillenniumIT ESP together with its global partners, has produced robust technology architecture and infrastructure, as well as reliable and scalable enterprise solutions for the sector. The Company provides Sri Lanka Telecom, Dialog Axiata, Mobitel Sri Lanka and all other telecommunication companies in the country with enterprise grade infrastructure solutions comprising of critical Servers, Storages, Consolidated Databases and Backup solutions and implemented Virtualized/ Hyper-converged Infrastructure platforms, using industry leading technology stacks.
In 2007, MillenniumIT ESP assisted Dialog Axiata to transform its Legacy Network to make it the country’s first IP-MPLS network, and in 2013 in order to support the increasing bandwidth, converted this IP-MPLS network to a 100G DWDM based Cisco network which was South Asia’s first 100G network for Cisco technologies. In 2008, when Sri Lanka Telecom introduced a game changer and ventured into the television space in the country with the launch of PeoTV, MillenniumIT ESP provided the IPTV platform and digital Customer Relationship Management (CRM) solutions to PeoTV in this audience-empowering business. MillenniumIT ESP also enabled Sri Lanka Telecom to reconstruct the architecture of the television industry and secure the dominant design in the local Pay-TV industry.
The fast-changing dynamics of the branded apparel industry demanded the fail-proof orchestration of a complex supply chain. Upholding system integrity is crucial for delivering high-standard performance in designing, manufacturing and logistics at high speed. MillenniumIT ESP implemented a robust Security solution for its compute and endpoint which is its security infrastructure to enhance the capacity to confront the entire threat lifecycle, protect critical technology infrastructure and ensure information security and safety.
Within the Banking, Financial Services and Insurance (BFSI) industries, while implementing and providing ongoing support for Core Banking, Treasury and other Enterprise software applications and enterprise grade Infrastructure solutions including Enterprise Servers, Storages, Database Consolidations, Backup solutions, Virtualization solutions and Enterprise Security solutions to almost all leading commercial banks in Sri Lanka, MillenniumIT ESP’s team of experts provide specialized banking and Fin-Tech skills and have an in-depth understanding of the business and associated technologies.
These significant milestones which elevated the Sri Lankan IT industry to new heights, not only placed Sri Lanka on the world map, inspired budding technology entrepreneurs and set the industry on a growth trajectory, but also cemented MillenniumIT ESP as a leading IT solutions provider in the country.
MillenniumIT ESP was also at the forefront of building Cognitive solutions to free talent from low value-adding tasks. “AI BoT” applications designed by MillenniumIT ESP have significantly lessened the human interface in people operations at leading apparel companies, and customer service at prominent banks and telecommunication companies. The application of cognitive computing has accrued many benefits for MillenniumIT ESP’s customers including increased access to employee services, lowered costs, enhanced speed, and accuracy of responses; enabling them to focus on more important, critical decision-making tasks and projects.
In December 2009, the Company became a fully owned subsidiary of London Stock Exchange Group (LSEG) until its acquisition by Ambeon Holdings PLC. In December 2017, Ambeon Holdings PLC – a medium sized conglomerate with market dominance in the areas of financial services, manufacturing of porcelain and textile products, real estate, technology, and strategic investments – took over MillenniumIT ESP from LSEG with 100% management and shareholding control. As part of this acquisition agreement, Ambeon Group also entered into a broader ownership plan with the employees of MillenniumIT ESP, granting them an equity stake and enabling them to play a significant role in shaping the Company’s future as owner managers.