Page 37 - Centena Group PR Report - June 2024

News | Day of Dubai
This robust growth is a ributed to Centena Group’s strategic investments in cu ng-edge technologies and a
steadfast focus on opera onal efficiency and customer sa sfac on. The Group’s alignment with
transforma ve government ini a ves, such as Saudi Arabia’s Vision 2030 and the UAE’s Digital Government
Strategy 2025, has further propelled its expansion by embracing digital transforma on to enhance services

and improve quality of life.

Sanjay Raghunath, Chairman and Managing Director of Centena Group, expressed his sa sfac on with the
fiscal results: “These remarkable figures reflect the dedica on and diligence of our highly qualified team and
the unwavering support of our partners, stakeholders, and esteemed clients. As a customer-focused firm,

we are commi ed to delivering quality services and fostering innova on to grow our global footprint.”

Raghunath added, “Technology is now the cornerstone of every industry, making products, services, and
systems more efficient. This increased opera onal efficiency reduces costs and facilitates rapid business
growth. Consequently, there is a substan al 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 demand encourages us to create new, innova ve services that benefit the industry and improve quality
of life.”

The Middle East is leading the digital revolu on, with countries in the region pursuing ambi ous economic
diversifica on strategies to reduce reliance on oil and gas. This shi is supported by a young, tech-savvy

popula on eager to adopt new technologies. Significant investments in technology are expected in the GCC
region, with Saudi Arabia projected to allocate USD 24.7 billion by 2030. The UAE has commi ed USD 500
million to advancing research in ar ficial intelligence and related fields, driving demand for innova ve
solu ons. According to PwC, the AI sector is an cipated 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
emphasizing efficiency and innova on. The Group is driven by a passion for pushing the boundaries of
innova on and technology, and it looks forward to expanding its product por olio to offer tailored, effec ve

solu ons for its customers in the region.

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