By: Staff Writer
April 08, Colombo (LNW): As Sri Lanka’s IT industry continues its steady rise on the global stage, one of its foremost technology companies, MillenniumIT ESP, has marked a significant milestone by expanding operations into Australia. This move marks the firm’s fifth international location, underscoring both the growing global demand for Sri Lankan tech expertise and the nation’s emergence as a regional innovation hub.
Sri Lanka’s IT and BPM (Business Process Management) sector has shown strong momentum in recent years, driven by a skilled workforce, cost-effective solutions, and a maturing digital infrastructure. Industry bodies such as SLASSCOM have highlighted the country’s potential to generate over US$ 5 billion in IT exports by 2030. MillenniumIT ESP’s latest expansion is a clear example of this upward trajectory and the international confidence in Sri Lankan technology service providers.
MillenniumIT ESP’s entrance into the Australian market is a strategic initiative aimed at accelerating digital transformation and forging strong local partnerships across the region. The company, known for delivering end-to-end IT solutions, brings decades of global experience to Australian businesses, helping them adapt and thrive in an increasingly digital-first environment.
“Expanding into Australia is a significant milestone in our journey as a global technology solutions provider,” said Shevan Goonetilleke, CEO of MillenniumIT ESP. “With our expertise and commitment to innovation, we aim to deliver high-impact IT solutions that empower businesses in their digital transformation efforts. We look forward to building strong local partnerships and making a lasting impact in the Australian market.”
Headquartered in Colombo, Sri Lanka, MillenniumIT ESP boasts nearly 30 years of experience in the tech industry, with over 2,000 successfully delivered projects and a clientele of more than 500 organizations worldwide. In addition to its presence in Sri Lanka, the company has operations in Bangladesh, Singapore, Dubai, and now Australia, along with a state-of-the-art Global Service Delivery Centre at Port City Colombo.
The company’s service portfolio spans infrastructure platforms, cybersecurity, managed services, software development, cloud solutions, automation, and advanced network technologies. It caters to a broad range of sectors including telecommunications, banking and finance, manufacturing, government, retail, and more.
Analysts view this move as a timely one, with Australia’s digital economy projected to be worth over AU$250 billion by 2030. MillenniumIT ESP’s arrival offers Australian enterprises a new partner equipped with global know-how and a unique value proposition grounded in agility, innovation, and affordability.
This expansion also sends a strong message about the capabilities of Sri Lanka’s technology sector, which continues to produce firms ready to compete and collaborate on the world stage. With increasing interest from global investors and growing demand for tech talent, Sri Lanka’s IT industry appears poised for a defining decade.
