Ambeon Holdings Most Innovative Company by Global Banking and Finance | Daily News


Ambeon Holdings Most Innovative Company by Global Banking and Finance

Murali Prakash
Murali Prakash

Ambeon Holdings PLC, a medium sized diversified conglomerate was recently adjudged as the Most Innovative Company in Sri Lanka for the year 2019 by Global Banking and Finance Review – the leading financial and banking magazine in the UK.

The Group was recognized and conferred this prestigious award for being future centric, embracing technology, inculcating innovation into its DNA and cascading it across the various businesses.

The Group, which commenced 2019 by repositioning and transforming its business vision to take on the dynamic, technocentric business world of tomorrow continued transforming latent opportunities into lucrative ventures that delivers sustained value to its various stakeholders.

Receiving the award, Murali Prakash - Group Managing Director/Chief Executive Officer, Ambeon Holdings PLC and Ambeon Capital PLC stated, “At Ambeon Group, Innovation is at the strategic level with the Corporate office having a separate vertical to drive it across the various business entities. We believe that this, along with focus driven corporate values, would build a sustainable future-centric organization in today’s dynamic business environment”.

The Ambeon group is reputed for its market dominance in the areas of financial services, manufacturing of porcelain and textile products, real estate, technology and strategic investments. The Group prides itself as being future ready, as it continues to be astute, driven, nimble and visionary – with an expanded range of products, strong globalized local brands, premier technology and innovation platforms, extending its footprint across new businesses, markets and regions.

“The acquisition of Sri Lanka’s leading Systems Integrator and Information Systems Provider Millennium IT ESP has steered the Group positively with greater penetration through the tech and innovation business. Whether it is embracing modern technologies within its businesses, introducing new age technologies such as Artificial Intelligence (AI), Internet of Things (IoT) or meet emerging needs and driving sustainable and profitable business outcomes, the Group is now well geared to enable and facilitate innovative solutions for its existing customers or provide future-based transformation solutions for organizations within the country or the region” elaborated Prakash.

Millennium IT ESP, one of Sri Lanka’s leading Systems Integrator and Technology Solutions Provider together with its global partners, has produced robust technology architecture and infrastructure, reliable and scalable enterprise solutions for many industries and leading conglomerates; including banking and finance, telecommunications and apparel manufacturing.

Millennium IT ESP is also at the forefront of building cognitive solutions to free talent from low value-adding tasks. “AI BoT” applications designed by Millennium IT ESP have significantly lessened the human interface in people operations at leading apparel groups and customer service at leading Banks and Telecommunications companies.

The Porcelain sector which consists of Dankotuwa Porcelain PLC and Royal Fernwood Porcelain Limited, have embraced the latest technologies into the business. The financial services company consisting of Taprobane Capital Plus (Pvt) Ltd has commenced exploring the opportunities posed by Fintech, embracing the latest technologies available within this sphere.

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