Page 11 - Centena Group PR Report - June 2024
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He added: “Today, technology is the cornerstone of every industry, making products, services,
               and systems more efficient. It enables the tracking and streamlining of processes, maintains

               data flow, and seamlessly manages contacts and employee records. This increased operational

               efficiency reduces  costs and facilitates rapid business growth.  As a  result, there is a huge
               increase in demand for  our sectors, such as marine electronics, security and identification,

               education,  industrial  processes,  life  analytical  sciences, and  laboratory  furniture.  This
               encourages us further to create new, innovative services that benefit the industry and improve

               quality of life.”


               The Middle East is at the forefront of the digital revolution, with countries across the region

               pursuing ambitious economic diversification strategies to move beyond their traditional
               reliance on oil and gas. This shift is supported by a young, tech-savvy population eager to

               embrace new technologies. Significant investments in technology are anticipated in the GCC

               region, especially with Saudi Arabia expected to allocate an impressive USD 24.7 billion by
               2030. Additionally, the UAE has committed USD 500 million to advance research in artificial

               intelligence and related fields, further driving demand for innovative solutions. According to
               PwC, the AI sector is expected to contribute USD 320 billion to the Middle East economy by

               2030.


               Centena Group continues to shape the future of technology-driven solutions in the Middle East

               by emphasising efficiency and innovation in the digital space, in keeping with the goals of
               various  progressive national initiatives.  Driven by  a passion to  push  the  boundaries  of

               innovation and technology, the Group looks forward to further expanding its product portfolio,
               in order to offer the most suitable and effective solutions that are tailored to the specific needs

               of its customers in the region.


                                                         -ends-

               For further information, please contact:

               CommuniGate Middle East
               P.O.Box 500270, Dubai, UAE
               Tel: +971 4 4546093
               Fax: +971 4 3612432
               E-mail: info@communigateme.com
               Website: www.communigateme.com
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