MillenniumIT ESP has had a remarkable journey over the past 27 years in local and global markets and is now driving an extensive global expansion strategy. In line with this expansion, we established Millennium IT ESP Singapore Pte Ltd our first international entity in 2021, marking a significant milestone for the company. Following this, we are excited to announce the second stepping stone of our global expansion strategy by incorporating MIT ESP Bangladesh (Pvt) Ltd. We believe this will strengthen our capabilities and help us fuel growth across the region.
Bangladesh is one of the fastest growing economies in Asia and portrays great opportunities for a thriving tech ecosystem. Aligning with our global strategy, Bangladesh has a booming economy and good business environment offering low labour costs, which attracts multinationals from industries such as automobile and apparel to establish manufacturing operations in the country. Thereby, these companies have created opportunities in the tech space, as the digitalization and automation of operations has become a top priority. Although the country is well positioned to attract multinational businesses due to its strategic location, easy market access and low-cost labour, hiring the right technology skills remains a challenge.
Identifying this skills gap, we saw an exponential growth opportunity to deliver suitable and scalable enterprise solutions and expertise in Bangladesh.
Capitalizing our unique resources, skillsets, and capabilities, and by harnessing the power of partnerships, MIT ESP Bangladesh (Pvt) Ltd is fully geared to provide professional services including infrastructure platforms, cyber security solutions, managed services, automation and cloud services in Bangladesh. We are focused on a partner-first GTM strategy, for which we have established a strong and experienced partner network to easily penetrate the local market and pave the way to provide quick, easy, secure and scalable enterprise solutions. With this approach, we hope to collaborate with business partners already present in Bangladesh to complement their capabilities with our skillsets and expertise.
“As a complete enterprise solutions provider, MillenniumIT ESP will offer its extensive portfolio of services to help businesses in Bangladesh streamline their operations, increase efficiency and improve overall competitiveness. From software development to IT consulting and cloud computing, the company’s offerings are designed to meet each customer’s unique needs and are backed by a team of experienced professionals who understand the local market and culture,” commented CTO of Mahesh Wijenayake.
During our journey, we have built solid relationships with key global principals including Oracle, Microsoft, Huawei and many more. We have also strived to develop and maintain world-class standards of operational excellence and integrity, which has earned us many accolades over the years. In addition to these established partnerships, our technical professionals and consultants are certified with unique specializations and competency levels to confidently support companies established in Bangladesh.
“The incorporation of an entity in Bangladesh marks an important milestone for the company and is a clear indication of its commitment to serve the Southeast Asian market. With its comprehensive suite of enterprise solutions and deep understanding of the Bangladeshi market, the company is well-positioned to collaborate with partners and help businesses in Bangladesh thrive in the years to come,” added CEO of MillenniumIT ESP Shevan Goonetilleke.
We are excited about our entry into Bangladesh, and remain committed to deliver superior enterprise solutions to help businesses accelerate their digital transformation journey.