Sagtec Global Enters Indonesia with Master Dealership for Cloud-Based Smart Ordering System, Targeting US$30 Million in Revenue
Sagtec Global (NASDAQ: SAGT) has announced its expansion into Indonesia through a Master Dealership Agreement with PT Kiwari Asih Solusi for its Speed+ Cloud Base Smart Ordering System. The agreement includes a minimum annual commitment of 10,000 licenses from Kiwari, projected to generate at least US$30 million in revenue over five years.
The partnership aims to accelerate Speed+ adoption in Indonesia's growing digital transformation market, which is forecast to reach US$60 billion by 2030 with a CAGR of 20%. The expansion targets Indonesia's food and beverage sector, expected to exceed US$250 billion by 2030. The Asia Pacific cloud-based Point of Sale market is projected to grow at a CAGR of 20% from 2024 to 2030, presenting significant opportunities for Speed+ in the region.
Sagtec Global (NASDAQ: SAGT) ha annunciato la sua espansione in Indonesia attraverso un Accordo di Master Dealership con PT Kiwari Asih Solusi per il suo sistema di ordinazione intelligente basato su cloud, Speed+ Cloud Base. L'accordo prevede un impegno annuale minimo di 10.000 licenze da parte di Kiwari, che si prevede genererà almeno 30 milioni di dollari USA in entrate nei prossimi cinque anni.
La partnership mira ad accelerare l'adozione di Speed+ nel crescente mercato della trasformazione digitale in Indonesia, che si prevede raggiunga 60 miliardi di dollari USA entro il 2030, con un tasso di crescita annuale composto (CAGR) del 20%. L'espansione si concentra sul settore alimentare e delle bevande in Indonesia, che si prevede superi 250 miliardi di dollari USA entro il 2030. Si prevede che il mercato asiatico del cloud-based Point of Sale cresca con un CAGR del 20% dal 2024 al 2030, offrendo opportunità significative per Speed+ nella regione.
Sagtec Global (NASDAQ: SAGT) ha anunciado su expansión en Indonesia a través de un Acuerdo de Distribución Maestra con PT Kiwari Asih Solusi para su Sistema de Pedido Inteligente basado en la Nube, Speed+ Cloud Base. El acuerdo incluye un compromiso anual mínimo de 10,000 licencias por parte de Kiwari, lo que se proyecta generará al menos 30 millones de dólares estadounidenses en ingresos durante cinco años.
La asociación tiene como objetivo acelerar la adopción de Speed+ en el creciente mercado de transformación digital de Indonesia, que se prevé alcanzará 60 mil millones de dólares estadounidenses para 2030 con una tasa de crecimiento anual compuesta (CAGR) del 20%. La expansión se centra en el sector de alimentos y bebidas de Indonesia, que se espera supere 250 mil millones de dólares estadounidenses para 2030. Se proyecta que el mercado de puntos de venta basados en la nube de Asia-Pacífico crecerá a una CAGR del 20% desde 2024 hasta 2030, presentando oportunidades significativas para Speed+ en la región.
사그텍 글로벌 (NASDAQ: SAGT)가 PT 키와리 아시 솔루시와 함께 Speed+ 클라우드 기반 스마트 주문 시스템을 위한 마스터 딜러십 계약을 체결하며 인도네시아로의 확장을 발표했습니다. 이 계약은 키와리로부터 최소 연간 10,000 라이선스의 의무를 포함하며, 이는 향후 5년 동안 3천만 달러의 수익을 창출할 것으로 예상됩니다.
이 파트너십은 인도네시아의 디지털 변혁 시장에서 Speed+의 채택을 가속화하는 것을 목표로 하며, 이 시장은 2030년까지 600억 달러에 이를 것으로 예상됩니다, 연평균 성장률(CAGR)은 20%입니다. 확장은 인도네시아의 식음료 부문을 목표로 하며, 이 부문은 2030년까지 2,500억 달러를 초과할 것으로 예상됩니다. 아시아 태평양 클라우드 기반 POS 시장은 2024년부터 2030년까지 연평균 20% 성장할 것으로 예상되며, 이 지역에서 Speed+에 대한 상당한 기회를 제공합니다.
Sagtec Global (NASDAQ: SAGT) a annoncé son expansion en Indonésie par le biais d'un Accord de Concession Maître avec PT Kiwari Asih Solusi pour son système de commande intelligent basé sur le cloud, Speed+ Cloud Base. L'accord comprend un engagement annuel minimum de 10 000 licences de la part de Kiwari, qui devrait générer au moins 30 millions de dollars américains de revenus au cours des cinq prochaines années.
Ce partenariat vise à accélérer l'adoption de Speed+ sur le marché en pleine transformation numérique de l'Indonésie, qui devrait atteindre 60 milliards de dollars américains d'ici 2030, avec un taux de croissance annuel composé (CAGR) de 20 %. L'expansion cible le secteur de l'alimentation et des boissons en Indonésie, qui devrait dépasser 250 milliards de dollars américains d'ici 2030. Le marché des systèmes de point de vente basés sur le cloud en Asie-Pacifique devrait croître à un CAGR de 20 % de 2024 à 2030, offrant des opportunités significatives pour Speed+ dans la région.
Sagtec Global (NASDAQ: SAGT) hat seine Expansion nach Indonesien durch eine Master-Dealership-Vereinbarung mit PT Kiwari Asih Solusi für sein Speed+ Cloud-basiertes Smart Ordering System angekündigt. Die Vereinbarung umfasst ein Mindestjahresengagement von 10.000 Lizenzen von Kiwari, was voraussichtlich mindestens 30 Millionen US-Dollar an Einnahmen über fünf Jahre generieren wird.
Die Partnerschaft zielt darauf ab, die Einführung von Speed+ im wachsenden digitalen Transformationsmarkt Indonesiens zu beschleunigen, der bis 2030 voraussichtlich 60 Milliarden US-Dollar erreichen wird, mit einer jährlichen Wachstumsrate (CAGR) von 20%. Die Expansion richtet sich an den Lebensmittel- und Getränkesektor Indonesiens, der voraussichtlich 250 Milliarden US-Dollar bis 2030 überschreiten wird. Der asiatisch-pazifische Markt für cloudbasierte Kassensysteme wird von 2024 bis 2030 voraussichtlich mit einer CAGR von 20% wachsen, was erhebliche Chancen für Speed+ in der Region bietet.
- Secured exclusive master dealership agreement in Indonesia with guaranteed minimum annual purchase of 10,000 licenses
- Projected revenue of US$30 million over next five years from the agreement
- Entry into Indonesia's digital transformation market valued at US$60 billion by 2030
- Strategic expansion into F&B sector expected to reach US$250 billion by 2030
- None.
Insights
This Indonesia expansion represents a transformative growth driver for Sagtec. The
The deal structure is particularly compelling: a guaranteed minimum purchase of 10,000 licenses annually creates predictable, high-margin recurring revenue. This provides both revenue visibility and operating leverage as Sagtec scales its cloud-based platform with minimal incremental costs.
Indonesia presents an exceptional market opportunity. With digital transformation spending projected to reach
This deal materially strengthens Sagtec's financial profile by establishing a significant new revenue stream with built-in growth through the five-year commitment period, while requiring minimal capital expenditure for geographic expansion given the partner-led approach.
Sagtec's entry into Indonesia through an exclusive master dealership represents precision targeting of an emerging digital transformation market. The Smart Ordering System addresses a critical inflection point as Indonesian businesses rapidly adopt cloud technologies to modernize operations.
The strategic value goes beyond immediate revenue. By securing an exclusive distribution partnership, Sagtec gains localized market access and cultural expertise while establishing a first-mover advantage in a market where the cloud-based POS segment is growing at
Indonesia's demographics fuel this opportunity – a massive population with increasing smartphone penetration and rising digital literacy creates ideal conditions for cloud-based ordering systems. The F&B sector's projected growth to
The 10,000 license annual commitment demonstrates strong local market validation of Sagtec's technology. Importantly, this partnership model enables rapid scaling without the operational complexity and capital requirements of direct market entry, potentially serving as a template for additional Southeast Asian expansion.
KUALA LUMPUR, Malaysia, March 27, 2025 (GLOBE NEWSWIRE) -- Sagtec Global Limited (NASDAQ: SAGT) (“Sagtec” or the “Company”), a leading provider of customizable software solutions, proudly announced its expansion to Indonesia through a Master Dealership Agreement with PT Kiwari Asih Solusi (“Kiwari”), appointing Kiwari as the exclusive master dealer for Sagtec’s Speed+ Could Base Smart Ordering System (“Speed+”).
Kiwari has committed to a minimum annual purchase of 10,000 licenses, generating an estimated revenue of at least US
According to Mordor Intelligence, Indonesia’s digital transformation market is projected to reach approximately US
In line with this trend, according to Grand View Research, the Asia Pacific cloud-based Point of Sale (POS) market is expected to expand at a CAGR of almost
“Securing this Master Dealership Agreement with PT Kiwari Asih Solusi represents a significant milestone in our expansion strategy for Southeast Asia. Indonesia offers a unique growth opportunity, fueled by its rapidly developing digital economy and increasing demand for innovative cloud-based solutions. With Speed+, we are excited to empower local businesses to optimize their operations and stay ahead in an increasingly competitive market,” 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, including Key Opinion Leaders (KOLs). 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 PT Kiwari Asih Solusi
Kiwari is a leading provider of IoT and general trading solutions, specializing in industrial efficiency and business growth across various sectors. Founded by industry professionals, the company integrates advanced technology with a personalized approach to deliver tailored solutions that enhance productivity and operational performance. Committed to innovation and client success, Kiwari empowers businesses with scalable, technology-driven strategies to navigate the evolving digital landscape.
For more details, please log on to https://www.kasolusi.com/.
Contact Information:
Sagtec Global Limited Contact:
Ng Chen Lok
Chairman, Executive Director & Chief Executive Officer
Telephone +6011-6217 3661
Email: info@sagtec-global.com
FAQ
What is the expected revenue for SAGT from the Indonesian master dealership agreement?
How many minimum annual licenses has PT Kiwari committed to purchase from SAGT?
What is the projected size of Indonesia's digital transformation market by 2030?
What is the growth forecast for Asia Pacific cloud-based POS market where SAGT operates?
How large is the Indonesian F&B market that SAGT is targeting with Speed+?
