Page 24 - Centena Group PR Report - June 2024

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Sanjay Raghunath, Chairman and Managing Director of Centena Group, stated: “We at Centena Group, are
delighted to announce these remarkable figures for the previous fiscal year. These outcomes a est to the

dedica on and diligence of our highly qualified team, as well as the steadfast support of our partners, stakeholders,
and esteemed clients. In our role as a customer-focused firm, we remain commi ed to delivering quality services

and fostering innova on as we con nue to grow our global footprint.”

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 opera onal 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
iden fica on, educa on, industrial processes, life analy cal sciences, and laboratory furniture. This encourages us

further to create new, innova ve services that benefit the industry and improve quality of life.”

The Middle East is at the forefront of the digital revolu on, with countries across the region pursuing ambi ous
economic diversifica on strategies to move beyond their tradi onal reliance on oil and gas. This shi is supported
by a young, tech-savvy popula on eager to embrace new technologies. Significant investments in technology are

an cipated in the GCC region, especially with Saudi Arabia expected to allocate an impressive USD 24.7 billion by
2030. Addi onally, the UAE has commi ed USD 500 million to advance research in ar ficial intelligence and related

fields, further driving demand for innova ve solu ons. According to PwC, the AI sector is expected to contribute
USD 320 billion to the Middle East economy by 2030.

Centena Group con nues to shape the future of technology-driven solu ons in the Middle East by emphasising

efficiency and innova on in the digital space, in keeping with the goals of various progressive na onal ini a ves.
Driven by a passion to push the boundaries of innova on and technology, the Group looks forward to further
expanding its product por olio, in order to offer the most suitable and effec ve solu ons that are tailored to the

specific needs of its customers in the region.

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