{"id":830666,"date":"2025-03-27T10:04:02","date_gmt":"2025-03-27T14:04:02","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/sagtec-global-enters-indonesia-with-master-dealership-for-cloud-based-smart-ordering-system-targeting-us30-million-in-revenue\/"},"modified":"2025-03-27T10:04:02","modified_gmt":"2025-03-27T14:04:02","slug":"sagtec-global-enters-indonesia-with-master-dealership-for-cloud-based-smart-ordering-system-targeting-us30-million-in-revenue","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sagtec-global-enters-indonesia-with-master-dealership-for-cloud-based-smart-ordering-system-targeting-us30-million-in-revenue\/","title":{"rendered":"Sagtec Global Enters Indonesia with Master Dealership for Cloud-Based Smart Ordering System, Targeting US$30 Million in Revenue"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">KUALA LUMPUR, Malaysia, March  27, 2025  (GLOBE NEWSWIRE) &#8212; Sagtec Global Limited (NASDAQ: SAGT) (\u201cSagtec\u201d or the \u201cCompany\u201d), a leading provider of customizable software solutions, proudly announced its expansion to Indonesia through a Master Dealership Agreement with PT Kiwari Asih Solusi (\u201cKiwari\u201d), appointing Kiwari as the exclusive master dealer for Sagtec\u2019s Speed+ Could Base Smart Ordering System (\u201cSpeed+\u201d).<\/p>\n<p align=\"justify\">Kiwari has committed to a minimum annual purchase of 10,000 licenses, generating an estimated revenue of at least US$30 million over the next five years. This strategic partnership is designed to accelerate the adoption of Speed+ in Indonesia, driving digital transformation and enabling local businesses to modernize their operations to meet the growing demand for innovative digital solutions.<\/p>\n<p align=\"justify\">According to Mordor Intelligence, Indonesia\u2019s digital transformation market is projected to reach approximately US$60 billion by 2030, at a CAGR of nearly 20% from 2025 to 2030. This growth is driven by increasing technology adoption across various sectors, including food and beverage (F&amp;B), which is expected to exceed US$250 billion by 2030, fueled by rising consumer spending and a growing middle class, as supported by Market Research. As consumer preferences evolve, Indonesian businesses are turning to digital solutions to streamline operations, enhance customer experience, and improve efficiency.<\/p>\n<p align=\"justify\">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 20% from 2024 to 2030, driven by the region\u2019s booming retail sector and increasing mobile and internet adoption. This presents a significant opportunity for Speed+ to tap into a tech-savvy market that is primed for digital ordering solutions.<\/p>\n<p align=\"justify\">\u201cSecuring 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,\u201d said Kevin Ng, Chairman, Executive Director and Chief Executive Officer of Sagtec.<\/p>\n<p>\n        <strong>About Sagtec Global Limited<\/strong>\n      <\/p>\n<p align=\"justify\">Sagtec is a leading provider of customizable software solutions, primarily serving the Food &amp; Beverage (F&amp;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.<\/p>\n<p align=\"justify\">For more information on the Company, please log on to <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jeFbTsaL441Cq-6-F_gX9pQMZkjCHWsSLobylFbtMKSOVCcdj7vjrN26D6vX0INfrSOG78N1OuL65CcayCcOMt3w4zg8jdLu4P9iwzyqeR39mifmiKOPyOMCj3-yvbKp\" rel=\"nofollow\" target=\"_blank\">https:\/\/www.sagtec-global.com\/<\/a>.<\/p>\n<p>\n        <strong>About PT Kiwari Asih Solusi<\/strong>\n      <\/p>\n<p align=\"justify\">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.<\/p>\n<p align=\"justify\">For more details, please log on to <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jeFbTsaL441Cq-6-F_gX9mcN1yPxFHXie5tDheAcsBffoP4KzcT-knbGjquvVgDKhWT7QZgD8SToStx5S3two0RpCf0mipNz5o3s6HmCgkE=\" rel=\"nofollow\" target=\"_blank\">https:\/\/www.kasolusi.com\/<\/a>.<\/p>\n<p align=\"justify\">\n        <strong>Contact Information:<\/strong>\n      <\/p>\n<p align=\"justify\">\n        <strong>Sagtec Global Limited Contact:<\/strong><br \/>\n        <br \/>Ng Chen Lok<br \/>Chairman, Executive Director &amp; Chief Executive Officer <br \/>Telephone +6011-6217 3661\u00a0\u00a0 <br \/>Email: info@sagtec-global.com<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQxMjE0MSM2ODM3NDM3IzIyOTkzMDg=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/MzU1OWU3NGQtYTg5Yi00NTM1LTllN2MtYmUyZjU2MWM0ZmNhLTEzMTA4NTgtMjAyNS0wMy0yNy1lbg==\/tiny\/Sagtec-Global-Limited.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>KUALA LUMPUR, Malaysia, March 27, 2025 (GLOBE NEWSWIRE) &#8212; Sagtec Global Limited (NASDAQ: SAGT) (\u201cSagtec\u201d or the \u201cCompany\u201d), a leading provider of customizable software solutions, proudly announced its expansion to Indonesia through a Master Dealership Agreement with PT Kiwari Asih Solusi (\u201cKiwari\u201d), appointing Kiwari as the exclusive master dealer for Sagtec\u2019s Speed+ Could Base Smart Ordering System (\u201cSpeed+\u201d). Kiwari has committed to a minimum annual purchase of 10,000 licenses, generating an estimated revenue of at least US$30 million over the next five years. This strategic partnership is designed to accelerate the adoption of Speed+ in Indonesia, driving digital transformation and enabling local businesses to modernize their operations to meet the growing demand for innovative digital solutions. According to Mordor Intelligence, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sagtec-global-enters-indonesia-with-master-dealership-for-cloud-based-smart-ordering-system-targeting-us30-million-in-revenue\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Sagtec Global Enters Indonesia with Master Dealership for Cloud-Based Smart Ordering System, Targeting US$30 Million in Revenue&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-830666","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sagtec Global Enters Indonesia with Master Dealership for Cloud-Based Smart Ordering System, Targeting US$30 Million in Revenue - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sagtec-global-enters-indonesia-with-master-dealership-for-cloud-based-smart-ordering-system-targeting-us30-million-in-revenue\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sagtec Global Enters Indonesia with Master Dealership for Cloud-Based Smart Ordering System, Targeting US$30 Million in Revenue - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"KUALA LUMPUR, Malaysia, March 27, 2025 (GLOBE NEWSWIRE) &#8212; Sagtec Global Limited (NASDAQ: SAGT) (\u201cSagtec\u201d or the \u201cCompany\u201d), a leading provider of customizable software solutions, proudly announced its expansion to Indonesia through a Master Dealership Agreement with PT Kiwari Asih Solusi (\u201cKiwari\u201d), appointing Kiwari as the exclusive master dealer for Sagtec\u2019s Speed+ Could Base Smart Ordering System (\u201cSpeed+\u201d). Kiwari has committed to a minimum annual purchase of 10,000 licenses, generating an estimated revenue of at least US$30 million over the next five years. This strategic partnership is designed to accelerate the adoption of Speed+ in Indonesia, driving digital transformation and enabling local businesses to modernize their operations to meet the growing demand for innovative digital solutions. According to Mordor Intelligence, &hellip; Continue reading &quot;Sagtec Global Enters Indonesia with Master Dealership for Cloud-Based Smart Ordering System, Targeting US$30 Million in Revenue&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/sagtec-global-enters-indonesia-with-master-dealership-for-cloud-based-smart-ordering-system-targeting-us30-million-in-revenue\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-27T14:04:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQxMjE0MSM2ODM3NDM3IzIyOTkzMDg=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sagtec-global-enters-indonesia-with-master-dealership-for-cloud-based-smart-ordering-system-targeting-us30-million-in-revenue\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sagtec-global-enters-indonesia-with-master-dealership-for-cloud-based-smart-ordering-system-targeting-us30-million-in-revenue\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Sagtec Global Enters Indonesia with Master Dealership for Cloud-Based Smart Ordering System, Targeting US$30 Million in Revenue\",\"datePublished\":\"2025-03-27T14:04:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sagtec-global-enters-indonesia-with-master-dealership-for-cloud-based-smart-ordering-system-targeting-us30-million-in-revenue\\\/\"},\"wordCount\":533,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sagtec-global-enters-indonesia-with-master-dealership-for-cloud-based-smart-ordering-system-targeting-us30-million-in-revenue\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTQxMjE0MSM2ODM3NDM3IzIyOTkzMDg=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sagtec-global-enters-indonesia-with-master-dealership-for-cloud-based-smart-ordering-system-targeting-us30-million-in-revenue\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sagtec-global-enters-indonesia-with-master-dealership-for-cloud-based-smart-ordering-system-targeting-us30-million-in-revenue\\\/\",\"name\":\"Sagtec Global Enters Indonesia with Master Dealership for Cloud-Based Smart Ordering System, Targeting US$30 Million in Revenue - 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Kiwari has committed to a minimum annual purchase of 10,000 licenses, generating an estimated revenue of at least US$30 million over the next five years. This strategic partnership is designed to accelerate the adoption of Speed+ in Indonesia, driving digital transformation and enabling local businesses to modernize their operations to meet the growing demand for innovative digital solutions. 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