Sagtec Global Limited (Nasdaq: SAGT) Successfully Deployed the First Batch of Speed+ Smart Cloud Ordering Software Licenses to Indonesia Sole Distributor
Sagtec Global (NASDAQ: SAGT) has successfully deployed its first batch of Speed+ Smart Cloud Ordering Software licenses to its Indonesia Sole Distributor, marking its operational launch in the Indonesian market. This deployment is part of the company's strategic expansion across Southeast Asia.
The Speed+ system is a cloud-based ordering solution for food and retail businesses, featuring real-time order tracking, digital menus, integrated payment systems, and performance analytics. The software supports multi-device connectivity and is customizable for various business sizes, from small outlets to multi-location chains.
This market entry is strategically timed, as Indonesia's digital economy is projected to reach US$60 billion by 2030, with the region's cloud-based POS market growing at nearly 20% CAGR. The company plans to monitor local feedback, enhance support infrastructure, and expand its presence in the coming months.
Sagtec Global (NASDAQ: SAGT) ha distribuito con successo il suo primo lotto di licenze del software Speed+ Smart Cloud Ordering al suo distributore esclusivo in Indonesia, segnando così il lancio operativo nel mercato indonesiano. Questa distribuzione fa parte dell'espansione strategica dell'azienda nel Sud-est asiatico.
Il sistema Speed+ è una soluzione di ordinazione basata su cloud per attività di ristorazione e retail, che offre tracciamento degli ordini in tempo reale, menù digitali, sistemi di pagamento integrati e analisi delle prestazioni. Il software supporta la connettività multi-dispositivo ed è personalizzabile per diverse dimensioni aziendali, da piccoli punti vendita a catene con più sedi.
Questo ingresso nel mercato è strategicamente pianificato, dato che l'economia digitale indonesiana è prevista raggiungere i 60 miliardi di dollari USA entro il 2030, con il mercato regionale dei POS basati su cloud in crescita a un tasso annuo composto di quasi il 20%. L'azienda intende monitorare il feedback locale, migliorare l'infrastruttura di supporto ed espandere la propria presenza nei prossimi mesi.
Sagtec Global (NASDAQ: SAGT) ha desplegado con éxito su primer lote de licencias del software Speed+ Smart Cloud Ordering a su distribuidor exclusivo en Indonesia, marcando así su lanzamiento operativo en el mercado indonesio. Esta implementación forma parte de la expansión estratégica de la compañía en el Sudeste Asiático.
El sistema Speed+ es una solución de pedidos basada en la nube para negocios de alimentos y retail, que incluye seguimiento de pedidos en tiempo real, menús digitales, sistemas de pago integrados y análisis de rendimiento. El software soporta conectividad multiplataforma y es personalizable para diferentes tamaños de negocio, desde pequeños locales hasta cadenas con múltiples sucursales.
Esta entrada al mercado está estratégicamente programada, ya que se proyecta que la economía digital de Indonesia alcance los 60 mil millones de dólares estadounidenses para 2030, con un mercado regional de POS en la nube creciendo a una tasa compuesta anual cercana al 20%. La empresa planea monitorear la retroalimentación local, mejorar la infraestructura de soporte y expandir su presencia en los próximos meses.
Sagtec Global (NASDAQ: SAGT)가 인도네시아 단독 유통업체에 첫 번째 Speed+ 스마트 클라우드 주문 소프트웨어 라이선스 배포를 성공적으로 완료하며 인도네시아 시장에서의 운영을 시작했습니다. 이번 배포는 동남아시아 전역으로의 전략적 확장의 일환입니다.
Speed+ 시스템은 실시간 주문 추적, 디지털 메뉴, 통합 결제 시스템, 성과 분석 기능을 갖춘 식품 및 소매업체용 클라우드 기반 주문 솔루션입니다. 이 소프트웨어는 다중 기기 연결을 지원하며, 소규모 매장부터 다점포 체인까지 다양한 사업 규모에 맞게 맞춤 설정이 가능합니다.
이번 시장 진입은 인도네시아의 디지털 경제가 2030년까지 600억 달러에 이를 것으로 예상되고, 지역 클라우드 기반 POS 시장이 연평균 20% 성장률을 기록할 것으로 전망되는 시점에 전략적으로 이루어졌습니다. 회사는 현지 피드백을 모니터링하고 지원 인프라를 강화하며 향후 몇 달 내에 입지를 확장할 계획입니다.
Sagtec Global (NASDAQ : SAGT) a déployé avec succès son premier lot de licences du logiciel Speed+ Smart Cloud Ordering auprès de son distributeur exclusif en Indonésie, marquant ainsi son lancement opérationnel sur le marché indonésien. Ce déploiement s'inscrit dans le cadre de l'expansion stratégique de l'entreprise en Asie du Sud-Est.
Le système Speed+ est une solution de commande basée sur le cloud destinée aux entreprises de restauration et de commerce de détail, offrant un suivi des commandes en temps réel, des menus numériques, des systèmes de paiement intégrés et des analyses de performance. Le logiciel prend en charge la connectivité multi-appareils et est personnalisable pour différentes tailles d'entreprise, des petits points de vente aux chaînes multi-sites.
Cette entrée sur le marché est stratégiquement programmée, l'économie numérique indonésienne devant atteindre 60 milliards de dollars US d'ici 2030, avec un marché régional des systèmes de point de vente cloud en croissance à un taux annuel composé de près de 20%. L'entreprise prévoit de suivre les retours locaux, d'améliorer l'infrastructure de support et d'étendre sa présence dans les mois à venir.
Sagtec Global (NASDAQ: SAGT) hat erfolgreich die erste Charge von Lizenzen für die Speed+ Smart Cloud Ordering Software an seinen alleinigen Vertriebspartner in Indonesien ausgeliefert und damit den operativen Start auf dem indonesischen Markt markiert. Diese Einführung ist Teil der strategischen Expansion des Unternehmens in Südostasien.
Das Speed+ System ist eine cloudbasierte Bestelllösung für Gastronomie- und Einzelhandelsunternehmen, die Echtzeit-Bestellverfolgung, digitale Menüs, integrierte Zahlungssysteme und Leistungsanalysen bietet. Die Software unterstützt die Verbindung mehrerer Geräte und ist an verschiedene Unternehmensgrößen anpassbar, von kleinen Filialen bis hin zu Filialketten.
Der Markteintritt ist strategisch terminiert, da die digitale Wirtschaft Indonesiens bis 2030 voraussichtlich 60 Milliarden US-Dollar erreichen wird und der regionale Markt für cloudbasierte POS-Systeme mit einer jährlichen Wachstumsrate von fast 20% wächst. Das Unternehmen plant, das lokale Feedback zu beobachten, die Support-Infrastruktur zu verbessern und seine Präsenz in den kommenden Monaten auszubauen.
- First successful market entry into Indonesia, expanding Southeast Asian presence
- Targeting high-growth market with digital economy projected at US$60 billion by 2030
- Cloud-based POS market growing at 20% CAGR in the region
- Initial deployment to first batch only, indicating early stage of market penetration
- Success in Indonesian market dependent on local feedback and adoption rates
Insights
Sagtec's initial deployment of its Speed+ Smart Cloud Ordering Software in Indonesia marks a tangible execution milestone in the company's Southeast Asian expansion strategy. For a $26.6 million market cap company, establishing this beachhead in Indonesia—with its digital economy projected to reach
The Speed+ platform addresses critical operational challenges for food service and retail businesses: digital menu management, real-time order tracking, payment integration, and performance analytics. These capabilities position Sagtec at the intersection of several transformative trends in restaurant and retail technology. The system's multi-device connectivity and scalability from single outlets to chains indicates thoughtful product development for diverse market segments.
The cloud-based subscription model could potentially generate recurring revenue streams for Sagtec, though the initial deployment size and financial impact weren't disclosed. The regional cloud-based POS market's
Working through a sole distributor model represents both opportunity and risk—enabling faster market entry but potentially constraining growth if the distributor lacks sufficient reach or resources. The announced plans to monitor feedback and enhance support infrastructure suggest awareness of execution challenges ahead as they attempt to scale in this new market.
Sagtec's entry into Indonesia represents a strategic positioning in Southeast Asia's largest economy and most populous nation. With 274 million citizens and rapidly growing digital adoption rates, Indonesia offers fertile ground for Sagtec's cloud ordering solution. The timing appears opportune as Indonesia's F&B and retail sectors increasingly embrace digital transformation to meet changing consumer expectations.
Operating through a sole distributor model is a classic entry strategy for international technology firms in Indonesia, allowing Sagtec to navigate complex local business environments while minimizing direct operational overhead. The success of this approach will depend heavily on the distributor's network strength, technical capabilities, and alignment with Sagtec's growth objectives.
Indonesia's
While this first deployment establishes Sagtec's commercial presence, the path to meaningful market penetration will require sustained investment in localization, customer education, and support infrastructure. For investors, this represents a positive strategic development, but one that should be viewed as an early-stage market entry rather than an immediate revenue catalyst for this
KUALA LUMPUR, Malaysia, April 16, 2025 (GLOBE NEWSWIRE) -- Sagtec Global Limited (NASDAQ: SAGT) (“Sagtec” or the “Company”), a leading provider of customizable software solutions, announced today the successful deployment of the first batch of its Speed+ Smart Cloud Ordering Software licenses to Indonesia Sole Distributor, marking the Company’s official operational launch in the market.
This shipment signifies the commencement of Sagtec’s rollout in Indonesia following the Company’s strategic push to expand its presence across Southeast Asia. The Speed+ system — a cloud-based ordering solution designed to digitalize operations for food and retail businesses — is set to empower businesses with tools for real-time order tracking, digital menus, integrated payment systems, and performance analytics.
“The delivery of our first Speed+ licenses into Indonesia represents a strong validation of our product and regional strategy,” said Kevin Ng, Chairman, Executive Director, and Chief Executive Officer of Sagtec. “As digitalization accelerates across Asia, we are committed to providing high-impact solutions that help businesses stay agile, competitive, and efficient.”
Speed+ is targeted at restaurants, cafés, and retail chains looking to optimize workflows, improve customer satisfaction, and increase order accuracy. It supports multi-device connectivity and can be customized to suit various operational sizes, from small outlets to multi-location chains.
With Indonesia’s digital economy forecasted to reach US
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).
For more information on the Company, please log on to https://www.sagtec-global.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
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/6da26f12-a824-4ec5-aa5c-1bfe44174c10
https://www.globenewswire.com/NewsRoom/AttachmentNg/3a80cea3-9455-458c-bd77-aaccfde3aa17
FAQ
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