Page 41 - Centena Group PR Report - June 2024
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Centena Group achieves robust growth in fiscal year 2023 with 28% increase in UAE - Biz Today
outcomes attest to the dedication 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 committed to delivering quality services and fostering
innovation as we continue 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 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.
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