MillenniumIT ESP and Institute of Lean Management partner for Industry 4.0 implementation

Monday, 25 September 2023 00:28 - - {{hitsCtrl.values.hits}}

Institute of Lean Management Founder and CEO Thilak Pushpakumara (left) with MillenniumIT ESP CEO and Director Shevan Goonetilleke

MillenniumIT ESP (MIT ESP), a pioneering information technology solutions provider, recently entered into a strategic partnership with the Institute of Lean Management (ILM), Sri Lanka.

This partnership is aimed at revolutionising the implementation of Industry 4.0 concepts globally in the manufacturing sector.

The collaboration between MIT ESP and ILM marks a significant milestone in the advancement of Sri Lanka’s industrial landscape. By combining MIT ESP’s technical expertise with its solutions stack from multiple domains such as Internet of Things (IoT), software application, data, automation, smart building, cyber security, cloud and business architecture along with synergistic capabilities of ILM’s domain knowledge, and industry insights, both organisations are poised to deliver innovative solutions that will drive the digital transformation of manufacturing businesses. This collaboration will identify technology gaps and help customers to benefit from Industry 4.0.

Industry 4.0 marks a transformative shift within the global manufacturing sector. It signifies the comprehensive integration of digital technologies, such as data analytics, artificial intelligence, and IoT, into every facet of the manufacturing process.

MIT ESP brings to the table its extensive experience in delivering ground-breaking IT solutions and services to a diverse range of industries. As a prominent technology solutions provider, MIT ESP is renowned for its ability to create tailor-made solutions that optimise operational efficiency, enhance customer experiences, and elevate business growth.

ILM has established itself as a recognised authority in lean methodologies and manufacturing practices. With over a decade of industry experience coupled with specialised training from esteemed institutions in Japan, UK, and USA, ILM boasts a team of expert trainers and consultants. Armed with a profound understanding of industry pain points, process optimisation, and workflow streamlining, ILM will provide invaluable insights and guidance to ensure the seamless alignment of Industry 4.0 implementations with the realities of manufacturing.

“This partnership represents a fusion of two entities’ strengths, with MIT ESP’s technical expertise complementing the ILM’s industry acumen. Together, we aim to empower manufacturers in Sri Lanka to embrace the full potential of Industry 4.0,” stated Millennium IT ESP CEO and Director Shevan Goonetilleke.

ILM Founder and CEO Thilak Pushpakumara said: “The synergy between our organisations is a testament to the commitment we share in driving innovation within the manufacturing sector. By merging our expertise, we intend to guide businesses towards a more technologically advanced and efficient future.”

The collaboration between MIT ESP and ILM for the implementation of Industry 4.0 has the potential to implement a 360 degree transformation in the manufacturing sector by unlocking unprecedented levels of efficiency, agility, innovation, and quality. This partnership creates a fusion of technical expertise and domain knowledge, paving the way for a new era of manufacturing excellence.