Page 47 - Centena Group PR Report - June 2024

government initiatives, such as Saudi Arabia’s Vision 2030 and the UAE’s Digital

Government Strategy 2025, are also key factors in their success. By supporting
these initiatives, they have seamlessly embraced digital transformation to enhance
services and improve quality of life, further propelling their expansion.

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 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.”

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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

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