Sagtec Global Limited delivered 8,000 software licenses and 200 self-service machines to SMD Tech in the UAE, enhancing digital transformation.
Quiver AI Summary
Sagtec Global Limited has announced the successful delivery of 8,000 licenses for its Speed+ Cloud-Based Smart Ordering System and 200 FoodKiosk self-service machines to its partner SMD Tech in the UAE, marking a significant step in Sagtec's expansion into the Middle East. This delivery, valued at $1,345,000, fulfills 80% of their initial commitment of 10,000 licenses under a five-year agreement with SMD Tech. The integrated system aims to enhance customer ordering experiences in the food and beverage sector by offering features like real-time order management and automated marketing, helping to reduce wait times and improve efficiency. As demand for contactless ordering grows in the region, this partnership is positioned to drive digital transformation across the UAE, supported by SMD Tech's strong local presence.
Potential Positives
- Successful delivery of 8,000 licenses and 200 FoodKiosk machines signifies a substantial commercial milestone, reinforcing Sagtec's strategic expansion into the Middle East.
- The deployment fulfills 80% of the initial 10,000-license commitment under a five-year Master Dealership Agreement, indicating strong demand for Sagtec's solutions.
- The integration of hardware with Sagtec's software provides a complete end-to-end solution for F&B operators, enhancing customer experience and operational efficiency.
- The partnership with SMD Tech supports rapid deployment across key commercial zones, aligning with the growing demand for contactless ordering and smart automation in the region.
Potential Negatives
- Completion of only 80% of the initial 10,000-license commitment could indicate potential shortfalls in meeting demand or execution challenges.
- The press release does not disclose any information about future orders or partnerships, which could raise concerns about the longevity and sustainability of the company's growth in the region.
- Dependence on a single partner, SMD Tech, for significant deployment in a critical market may expose Sagtec to risks if this partnership does not perform as expected.
FAQ
What is the significance of Sagtec's recent delivery?
The delivery of 8,000 Speed+ licenses and 200 FoodKiosk machines marks a key milestone in Sagtec's expansion into the Middle East.
Who is Sagtec's exclusive partner in the UAE?
Sagtec's exclusive partner in the UAE is SMD Tech – FZCO, specializing in digital infrastructure and enterprise transformation.
What is the total value of the recent delivery?
The recent delivery is invoiced at US$1,345,000, contributing to Sagtec's growth in the F&B sector.
How does the Speed+ platform enhance customer experience?
The Speed+ platform enables real-time order management and reduces wait times, optimizing customer engagement in various service environments.
What is the future market outlook for cloud-based POS in the Middle East?
The cloud-based POS market in the Middle East is projected to reach US$1 billion by 2030, highlighting strong growth potential.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
Full Release
KUALA LUMPUR, Malaysia, May 19, 2025 (GLOBE NEWSWIRE) -- Sagtec Global Limited (NASDAQ: SAGT) (“Sagtec” or the “Company”), a leading provider of customizable software solutions, today announced the successful delivery of 8,000 Speed+ Cloud-Based Smart Ordering System licenses and 200 FoodKiosk smart self-service machines to its exclusive UAE partner, SMD Tech – FZCO (“SMD Tech”). The delivery is invoiced at US$1,345,000, representing a substantial commercial milestone in Sagtec’s strategic expansion into the Middle East and reinforcing its role as a key enabler in the region’s food and beverage (F&B) and retail digital transformation.
The delivery, which forms part of the previously announced five-year Master Dealership Agreement with SMD Tech, represents 80% fulfillment of the initial 10,000-license commitment. The integration of 200 FoodKiosk machines adds a critical hardware component to the Speed+ ecosystem, enabling a fully automated and seamless customer ordering experience in both dine-in and quick-service environments.
“This milestone delivery not only affirms Sagtec’s commitment to executing at scale but also signals strong demand from F&B operators seeking intelligent digital solutions,” said Kevin Ng, Chairman, Executive Director and CEO of Sagtec Global. “Together with SMD Tech, we are enabling the digital transformation of service infrastructure across Dubai and the wider UAE, combining smart software with physical automation for a complete end-to-end solution.”
The installed Speed+ platform enables real-time order management, advanced analytics, and automated marketing integration. Coupled with the FoodKiosk terminals, businesses can now reduce wait times, optimize manpower, and boost customer engagement—key priorities in a competitive, experience-driven market.
SMD Tech’s robust local presence and deep domain knowledge continue to accelerate deployment across key commercial zones, including malls, airports, and major F&B franchise groups.
“We’re proud to see Speed+ and FoodKiosk adoption growing rapidly,” said Mr. Ahmed Al Mansoori, Managing Director of SMD Tech. “This partnership is transforming customer journeys in the UAE and delivering tangible operational efficiencies to our clients.”
The deployment coincides with growing regional demand for contactless ordering and smart automation. According to Grand View Research, the Middle East’s cloud-based POS market is projected to reach US$1 billion by 2030, underlining the value of Sagtec’s integrated approach.
About Sagtec Global Limited
Sagtec is a leading provider of customizable software solutions, primarily serving the Food & Beverage (F&B) sector. The Company also offers software development, data management, and social media management to enhance operational efficiency across various industries. Additionally, Sagtec operates power-bank charging stations at 300 locations across Malaysia through its subsidiary, CL Technology (International) Sdn Bhd.
For more information on the Company, please log on to
https://www.sagtec-global.com/
.
About SMD Tech – FZCO
SMD Tech - FZCO is a technology-focused enterprise based in the United Arab Emirates, specializing in digital infrastructure, IoT solutions, and enterprise transformation. With a mission to empower businesses through innovative software and hardware integration, SMD Tech delivers cutting-edge solutions tailored to the region’s fast-evolving digital ecosystem. The company is committed to driving operational excellence and future-ready growth for its clients.
Contact Information:
Sagtec Global Limited Contact:
Ng Chen Lok
Chairman, Executive Director & Chief Executive Officer
Phone: +6011-6217 3661
Email: info@sagtec-global.com
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