Sagtec Global Secures US$30 Million Revenue Pipeline Through Exclusive UAE Partnership, Accelerating Global Expansion
Sagtec Global (NASDAQ: SAGT) has signed a Master Dealership Agreement with Dubai-based SMD Tech, securing a US$30 million revenue pipeline through an exclusive partnership. The agreement includes a commitment to purchase 10,000 software licenses of Sagtec's Speed+ Cloud-Based Smart Ordering System over five years.
Speed+ is a cloud-native ordering platform designed for retail and F&B sectors, offering features like seamless order processing, real-time analytics, and automated customer engagement. The partnership aligns with the UAE's growing digital economy, projected to contribute US$140 billion to GDP by 2031. The UAE's F&B market is expected to exceed US$37 billion by 2030, while the Middle East's cloud-based POS market is forecast to grow at a 19% CAGR through 2030.
Sagtec Global (NASDAQ: SAGT) ha firmato un Accordo Master di Concessione con la società con sede a Dubai SMD Tech, assicurandosi un pipeline di ricavi di 30 milioni di dollari USA tramite una partnership esclusiva. L'accordo prevede l'impegno all'acquisto di 10.000 licenze software del sistema Speed+ Cloud-Based Smart Ordering di Sagtec nell'arco di cinque anni.
Speed+ è una piattaforma di ordinazione cloud-native progettata per i settori retail e F&B, offrendo funzionalità come elaborazione ordini senza interruzioni, analisi in tempo reale e coinvolgimento automatizzato dei clienti. La partnership è in linea con la crescente economia digitale degli Emirati Arabi Uniti, che si prevede contribuirà con 140 miliardi di dollari USA al PIL entro il 2031. Il mercato F&B degli UAE dovrebbe superare i 37 miliardi di dollari USA entro il 2030, mentre il mercato POS basato su cloud in Medio Oriente è previsto crescere con un CAGR del 19% fino al 2030.
Sagtec Global (NASDAQ: SAGT) ha firmado un Acuerdo Maestro de Distribución con SMD Tech, con sede en Dubái, asegurando una cartera de ingresos de 30 millones de dólares mediante una asociación exclusiva. El acuerdo incluye el compromiso de comprar 10,000 licencias de software del sistema Speed+ Cloud-Based Smart Ordering de Sagtec durante cinco años.
Speed+ es una plataforma de pedidos nativa en la nube diseñada para los sectores minorista y de alimentos y bebidas, que ofrece características como procesamiento fluido de pedidos, análisis en tiempo real y compromiso automatizado con los clientes. La asociación se alinea con la creciente economía digital de los EAU, que se proyecta contribuirá con 140 mil millones de dólares al PIB para 2031. Se espera que el mercado de alimentos y bebidas de los EAU supere los 37 mil millones de dólares para 2030, mientras que el mercado de POS basado en la nube en Oriente Medio se pronostica crecer a una tasa compuesta anual del 19% hasta 2030.
Sagtec Global (NASDAQ: SAGT)는 두바이에 본사를 둔 SMD Tech와 마스터 딜러십 계약을 체결하여 독점 파트너십을 통해 3,000만 달러 매출 파이프라인을 확보했습니다. 이 계약에는 향후 5년 동안 Sagtec의 Speed+ 클라우드 기반 스마트 주문 시스템 소프트웨어 라이선스 10,000개 구매 약속이 포함되어 있습니다.
Speed+는 소매 및 식음료(F&B) 부문을 위해 설계된 클라우드 네이티브 주문 플랫폼으로, 원활한 주문 처리, 실시간 분석, 자동화된 고객 참여 등의 기능을 제공합니다. 이 파트너십은 2031년까지 1,400억 달러 GDP 기여가 예상되는 UAE의 성장하는 디지털 경제와 부합합니다. UAE의 식음료 시장은 2030년까지 370억 달러를 초과할 것으로 예상되며, 중동의 클라우드 기반 POS 시장은 2030년까지 연평균 성장률 19%로 성장할 전망입니다.
Sagtec Global (NASDAQ : SAGT) a signé un accord de concessionnaire principal avec SMD Tech, basé à Dubaï, assurant un pipeline de revenus de 30 millions de dollars US grâce à un partenariat exclusif. L'accord comprend un engagement à acheter 10 000 licences logicielles du système Speed+ Cloud-Based Smart Ordering de Sagtec sur une période de cinq ans.
Speed+ est une plateforme de commande native cloud conçue pour les secteurs du commerce de détail et de la restauration, offrant des fonctionnalités telles qu'un traitement fluide des commandes, des analyses en temps réel et un engagement client automatisé. Ce partenariat s'aligne avec l'économie numérique croissante des Émirats arabes unis, qui devrait contribuer à hauteur de 140 milliards de dollars US au PIB d'ici 2031. Le marché de la restauration des Émirats devrait dépasser 37 milliards de dollars US d'ici 2030, tandis que le marché des points de vente cloud au Moyen-Orient devrait croître à un taux de croissance annuel composé de 19 % jusqu'en 2030.
Sagtec Global (NASDAQ: SAGT) hat eine Master-Händlervereinbarung mit dem in Dubai ansässigen SMD Tech unterzeichnet und sich dadurch eine Umsatzpipeline von 30 Millionen US-Dollar durch eine exklusive Partnerschaft gesichert. Die Vereinbarung beinhaltet die Verpflichtung zum Kauf von 10.000 Softwarelizenzen des Speed+ Cloud-basierten Smart Ordering Systems von Sagtec über einen Zeitraum von fünf Jahren.
Speed+ ist eine cloud-native Bestellplattform, die für den Einzelhandel und den F&B-Sektor entwickelt wurde und Funktionen wie nahtlose Bestellabwicklung, Echtzeitanalysen und automatisiertes Kundenengagement bietet. Die Partnerschaft steht im Einklang mit der wachsenden digitalen Wirtschaft der VAE, die voraussichtlich bis 2031 140 Milliarden US-Dollar zum BIP beitragen wird. Der F&B-Markt der VAE wird voraussichtlich bis 2030 37 Milliarden US-Dollar übersteigen, während der Cloud-basierte POS-Markt im Nahen Osten voraussichtlich mit einer jährlichen Wachstumsrate von 19 % bis 2030 wachsen wird.
- Secured US$30 million minimum revenue pipeline over 5 years
- Guaranteed purchase commitment of 10,000 software licenses
- Exclusive master dealer agreement in Dubai market
- Entry into high-growth market with 19% CAGR for cloud-based POS
- Establishment of recurring revenue stream through SaaS model
- Heavy dependence on single regional distributor for UAE market
- Long-term revenue spread over 5 years rather than immediate impact
- Exclusive agreement might limit flexibility for other partnerships in Dubai
Insights
Sagtec secures $30M over 5 years through exclusive Dubai deal for 10,000 Speed+ licenses, establishing recurring revenue and strategic Middle East presence.
This partnership represents a significant milestone in Sagtec's international expansion strategy. The Master Dealership Agreement with SMD Tech guarantees a minimum purchase of
The exclusivity component creates a competitive advantage in Dubai's market, effectively locking out competitors from similar distribution arrangements. By securing distribution through an established local partner, Sagtec gains immediate market access without building a regional sales infrastructure from scratch.
What makes this deal strategically sound is its alignment with documented market trends. The press release cites PwC projections of the UAE's digital economy contributing
The agreement's structure - 10,000 licenses over five years - suggests a gradual deployment schedule. This substantial commitment indicates SMD Tech's confidence in the product's market fit for Dubai's business ecosystem.
Sagtec's Dubai expansion leverages UAE's digital transformation momentum, targeting a cloud-based POS market growing at 19% CAGR through 2030.
This partnership represents a timely market entry for Sagtec into the Middle East, particularly Dubai, which has emerged as a regional technology hub. The timing aligns with Dubai's aggressive digital transformation initiatives, creating a receptive market for cloud-based business solutions.
The Middle East's cloud-based point of sale (POS) market is projected to grow at a
Dubai serves as an ideal entry point to the broader Middle East market due to its business-friendly regulations and technology adoption leadership. By establishing a strong presence in Dubai through SMD Tech, Sagtec gains valuable regional credibility and operational experience.
The 10,000 license commitment indicates significant potential market penetration in Dubai's F&B sector. The city's reputation as a culinary destination with high restaurant density creates natural demand for Speed+'s ordering capabilities, real-time analytics, and customer engagement features.
The exclusive nature of this partnership also protects Sagtec's market position during the critical early phase of regional expansion. By working with an established distributor like SMD Tech, Sagtec leverages local market expertise while minimizing the operational complexities typically associated with international expansion.
KUALA LUMPUR, Malaysia, May 06, 2025 (GLOBE NEWSWIRE) -- Sagtec Global Limited (NASDAQ: SAGT) (“Sagtec” or the “Company”), a leading provider of customizable software solutions, today announced its international growth strategy through the signing of a Master Dealership Agreement with SMD Tech – FZCO (“SMD Tech”), a premier technology distributor based in Dubai, United Arab Emirates.
Under the terms of the agreement, SMD Tech is appointed as Sagtec’s exclusive master dealer for its flagship Speed+ Cloud-Based Smart Ordering System (“Speed+”) across Dubai with a firm commitment to purchase a minimum of 10,000 software licenses over the next five years. This translates into an expected revenue pipeline of no less than US
Speed+, Sagtec’s cloud-native ordering platform, is purpose-built to transform operations in the retail and food & beverage (F&B) sectors – delivering seamless order processing, real-time analytics, and automated customer engagement. The platform’s relevance is further underscored by regional digital momentum. According to PwC Middle East, the UAE’s digital economy is projected to contribute over US
Supporting this backdrop, Statista forecasts the UAE’s F&B market will surpass US
“This agreement unlocks a predictable multi-year revenue stream and positions Sagtec as a key digital enabler in the Middle East’s F&B transformation. With Speed+ backed by SMD Tech’s local market expertise, we are not only capturing market share but laying the groundwork for long-term Software-as-a-Service (SaaS) dominance in the region,” said Kevin Ng, Chairman, Executive Director and Chief Executive Officer of Sagtec.
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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