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Sagtec Global Delivers 8,000 Speed+ Licenses and 200 units of FoodKiosk Machines in UAE, Marking Major Milestone in Regional Rollout
SAGTSagtec Global Ltd(SAGT) GlobeNewswire·2025-05-19 13:00

Company Overview - Sagtec Global Limited is a leading provider of customizable software solutions, primarily serving the Food & Beverage (F&B) sector, and also offers software development, data management, and social media management [5] - The company operates power-bank charging stations at 300 locations across Malaysia through its subsidiary, CL Technology (International) Sdn Bhd [5] Recent Developments - Sagtec 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, invoiced at US1,345,000[1][2]−Thisdeliveryrepresents801,345,000 [1][2] - This delivery represents 80% fulfillment of the initial 10,000-license commitment under a five-year Master Dealership Agreement with SMD Tech [2] Strategic Impact - The integration of FoodKiosk machines adds a critical hardware component to the Speed+ ecosystem, enabling a fully automated customer ordering experience in both dine-in and quick-service environments [2] - The installed Speed+ platform allows for real-time order management, advanced analytics, and automated marketing integration, which helps businesses reduce wait times, optimize manpower, and enhance customer engagement [3] Market Context - There is a growing regional demand for contactless ordering and smart automation, with the Middle East's cloud-based POS market projected to reach US1 billion by 2030 [4] - SMD Tech's local presence and domain knowledge are accelerating deployment across key commercial zones, including malls, airports, and major F&B franchise groups [4]