Ambeon Holdings named ‘Most Innovative Company’ in Sri Lanka for 2019

By Global Banking and Finance Review


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 dynamic 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, "It is with pride that we acknowledge this award". He further commented, "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.

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