Sagtec Global
Sagtec Global (NASDAQ: SAGT) is a Malaysia-based IT and enterprise software company that sells AI-enabled Speed+ POS systems, SAGE AI restaurant operating software, and IT services to SMB and enterprise customers across Southeast Asia, increasingly expanding into the US market.
- Company typePublic
- Founded2018
- HeadquartersKepong, Malaysia
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Sagtec Global does
Sagtec Global Limited (NASDAQ: SAGT) is a Malaysia-headquartered IT and enterprise software company that builds and sells AI-enabled point-of-sale infrastructure, vertical SaaS applications, and IT services to small, mid-market, and enterprise customers primarily across Southeast Asia. Its core product is the Speed+ POS platform — comprising the S2 desktop terminal and S1 mobile handheld unit — offered on a monthly SaaS subscription basis, alongside custom software development, cloud migration, mobile app development, IT consulting, and data science services. In 2025-2026 the company executed a strategic pivot from a traditional POS reseller to an AI-first SaaS vendor, layering SAGE AI (an AI-powered restaurant operating system for demand forecasting and inventory optimization), a Smart AI Mobility Platform, and AI Smart Home solutions on top of the existing Speed+ installed base.
Revenue is generated through four streams: software subscriptions (62% of FY2025 revenue), professional services, tangible hardware products (POS terminals), and technology licensing, supplemented by operating income from restaurant operations following the March 2026 acquisition of a 60% controlling stake in Malaya Heritage Holding Limited. The company sells through direct enterprise field sales for large multi-million dollar contracts, self-serve website subscriptions for SMBs, and an exclusive strategic partnership with Kinetic Seas Incorporated for AI development and channel reach across Malaysia, Indonesia, Singapore, and the Philippines. Reported FY2025 revenue was $19.1 million (+49% YoY) with FY2026 guidance of $25.78 million; a wholly-owned subsidiary, CL Technologies, is also building a sovereign AI data center in Malaysia using Nvidia GPU architecture, targeted for Q4 2026 completion.
Sagtec Global firmographics
Firmographics- Name
- Sagtec Global
- Legal name
- Sagtec Global Limited
- Website
- https://www.sagtec-global.com/
- Company type
- Public
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Sagtec Global (NASDAQ: SAGT) is a Malaysia-based IT and enterprise software company that sells AI-enabled Speed+ POS systems, SAGE AI restaurant operating software, and IT services to SMB and enterprise customers across Southeast Asia, increasingly expanding into the US market.
- Ownership category
- akta.pro rank
Sagtec Global industry classification
Industry- Product category
- Enterprise POS and AI Software
- NAICS
- Software Publishers (513210), Custom Computer Programming Services (541511), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Programming Services (7371)
- akta.pro primary industry
- End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management) (HDAEANAA)
- akta.pro secondary industries
- Mobile App Development Platforms (MADP) (HDAEAKAD), Model Serving, Inference & Deployment Platforms (APIs, Edge/On-Prem) (HDAEANAC)
Keywords
Where Sagtec Global is headquartered
LocationHeadquarters
- HQ city
- Kepong
- HQ country
- Malaysia
- HQ region
- Asia
Offices1 record
Markets served
Sagtec Global business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure, Supply Chain
Revenue model
- Software Subscriptions: Subscription-based services accounting for 62% of FY2025 revenue ($12.2M). Includes Speed+ POS SaaS subscriptions and AI-powered SaaS applications deployed across customer operations.
- Services Revenue: Professional services including custom software development, IT consulting, cloud services, and implementation services. Services revenue grew 62% to $12.2M in FY2025.
- Tangible Products: Hardware products including POS systems (S1 Mobile Hand POS, S2 Desktop POS) and related technology hardware. Tangible products revenue grew 26% to $6.6M in FY2025.
- Technology Licensing: Licensing of proprietary technology solutions including Speed+ platform and AI applications to restaurant operators like Malaya Heritage, generating software subscription and technology licensing revenue.
- Operating Margins from F&B Operations: Revenue from restaurant operations through 60% controlling stake in Malaya Heritage, generating dual revenue streams from both software subscriptions and operating margins from restaurant operations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Speed+ POS SAAS subscription model |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
Sagtec Global product offering
Product offeringCore offering
Sagtec Global sells AI-powered enterprise software, anchored by its Speed+ POS point-of-sale platform (S2 Desktop and S1 Mobile variants) offered via SaaS subscriptions. It extends into vertical AI products including the SAGE AI restaurant operating system, a Smart AI Mobility Platform for ride-hailing and vehicle rental, and AI Smart Home technology for property developers, alongside professional services such as custom software development, cloud computing, mobile app development, IT consulting, and data science.
Product overview
Sagtec Global offers a unified platform-plus-modules architecture centered on its Speed+ POS system, augmented by AI-powered solutions. The core Speed+ POS (available as S2 Desktop and S1 Mobile variants) provides point-of-sale infrastructure, while SAGE AI extends the platform with AI-powered analytics, demand forecasting, and operational decision-support. Additional offerings include Smart AI Home solutions for property developments, a Smart AI Mobility Platform for transportation services, and professional services spanning custom software development, cloud computing, mobile app development, IT consulting, and data science. The company serves over 12,000 businesses across Southeast Asia.
Differentiator
Problem solved
Functional benefit
Brands
- Speed+: Flagship POS system with S2 Desktop POS and S1 Mobile Hand POS variants offering SaaS-based subscription model for point-of-sale solutions
- Speed+ S2
- Speed+ S1
- SAGE AI
Products and services
- Speed+ POS Speed+ POS is a SaaS-based point-of-sale system available as the S2 Desktop POS (three-screen configuration) and the S1 Mobile Hand POS companion device, targeting retail, restaurant, and F&B businesses that subscribe monthly to plans suited to their size and needs.
- SAGE AI SAGE AI is an AI-powered restaurant operating system that integrates POS infrastructure with AI-powered analytics, demand forecasting, inventory management, and operational decision-support tools for restaurant operators across Southeast Asia, leveraging data from thousands of restaurant locations.
- Smart AI Mobility Platform The Smart AI Mobility Platform is an AI-powered e-hailing, car rental and subscription system platform developed for mobility service providers, featuring AI-powered ride-hailing, vehicle rental capabilities, and subscription service management, built using Kinetic Seas' Skilliks Platform.
- Smart AI Home Smart AI Home is an AI-powered smart home technology solution for property developments that delivers home automation, smart security systems, and energy optimization, deployed in residential projects such as the 84-unit Villa Permai townhouse.
- Custom Software Development Custom Software Development is a professional service delivering tailor-made, scalable software solutions for diverse industries, targeting enterprise and mid-market clients seeking bespoke applications.
- Cloud Computing Services Cloud Computing Services provide cloud migration, deployment, integration, and management for businesses seeking secure and accessible data infrastructure, offered to enterprise and mid-market customers.
- Mobile App Development Mobile App Development services build Android and iOS applications for clients in healthcare, education, e-commerce, and finance industries.
- IT Consulting Services
Quantifiable outcome
- 49% revenue growth in FY2025 to $19.1M
- +4 more outcomes
Companies that use Sagtec Global
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles5 records
Sagtec Global technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability5 records
Feature4 records
Sagtec Global partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and major.
- CL Technologies (Subsidiary)coreSagtec's subsidiary CL Technologies plans to build a sovereign AI data center in Malaysia, targeted for completion Q4 2026, utilizing Nvidia GPU architecture. The data center will support retail, fintech, and food and beverage transaction processing as part of Sagtec's digital infrastructure expansion.
- Grandpride Luxury Travel Sdn Bhdmajor$4 million software development agreement for AI-driven mobility platform including AI-powered e-hailing, car rental and subscription system. Contract covers licensing and custom software development ($1.6M), five-year service and maintenance ($1.2M), and five-year data hosting and analytics services ($1.2M). Initial development commenced Q1 2026 with phased rollout within 3-8 months.
- Stateight Sdn BhdcoreStrategic partnership for smart property development projects. Stateight received Award Winner recognition at Asia Pacific Property Awards 2026-2027 for Villa Permai development. Sagtec is funding and providing AI Smart Home technology solutions (home automation, smart security, energy optimization) for the 84-unit townhouse development project. Project valued at approximately $3M in secured projects.
- Kinetic Seas Inc.coreExclusive strategic partnership establishing Kinetic Seas as AI development partner across Southeast Asia (Malaysia, Indonesia, Singapore, Philippines). Partnership involves equity sharing, revenue sharing, and joint AI project development. Sagtec issues shares to Kinetic Seas and provides access to over 12,000 clients. Uses Kinetic Seas' Skilliks Platform for development including the $4M Smart AI E-Hailing platform for Grandpride Luxury Travel.
- Smart Bridge Technology LimitedcoreSagtec acquired 80% stake in Smart Bridge Technology Limited, a profitable AI software company. The acquisition supports Sagtec's shift to an AI-first SaaS model and is expected to be immediately earnings-accretive with focus on high-margin AI modules across various sectors.
Scale indicators12 records
Recent moves8 records
Expansion highlights6 records
Sagtec Global competitors and assessment
Company assessmentDirect peers
- Toast: Toast is a leading US-based cloud POS and restaurant operating system provider with AI-driven analytics, payroll, and digital ordering — directly comparable to Sagtec's Speed+ POS + SAGE AI restaurant operating system targeting multi-location operators.
- Lightspeed Commerce: Lightspeed offers cloud POS and commerce platforms for restaurants and retail SMBs globally, with embedded analytics and payments — closely matching Sagtec's Speed+ POS SaaS model and vertical SaaS approach across SEA.
- TouchBistro: TouchBistro is a restaurant-first POS and management platform with front-of-house, back-office, and guest engagement tools — a direct comparable to Sagtec's Speed+ POS targeting SMB and mid-market restaurants.
- Olo: Olo is a SaaS platform powering digital ordering, delivery, and restaurant commerce for enterprise and mid-market restaurant chains — comparable to Sagtec's SAGE AI restaurant OS and Speed+ Smart Ordering Platform targeting multi-location operators.
- SpotOn: SpotOn is a restaurant and retail POS + payments + marketing SaaS provider with growing AI capabilities — directly comparable to Sagtec's Speed+ POS and SAGE AI restaurant operating system approach for multi-location operators.
Broad incumbents
- Block (Square): Block's Square ecosystem provides POS hardware, software, payments, and banking to SMBs globally — overlapping with Sagtec's Speed+ POS hardware + SaaS subscription model but at vastly larger scale and broader scope.
- Grab: Grab operates a super-app across Southeast Asia including ride-hailing, mobility, and merchant/food services — relevant comparable to Sagtec's Smart AI Mobility Platform (Grandpride) and broader SEA AI deployment strategy.
- Globant: Globant is a global digital transformation and AI-driven software development services firm — comparable to Sagtec's custom software development, cloud, and IT consulting services revenue stream at a much larger scale.
- Clover Network (Fiserv): Clover, owned by Fiserv, provides POS hardware, software, and merchant services to SMBs globally — comparable to Sagtec's Speed+ S1/S2 POS hardware + SaaS subscription model, though Clover operates at vastly larger scale.
Regional players
- NCS Group: NCS is a major Singapore-headquartered IT services and digital transformation provider across Southeast Asia — comparable to Sagtec's custom software development, cloud, and IT consulting services across SEA enterprise customers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights6 records
Customer concentration
Sagtec Global social profiles
Digital presenceSagtec Global financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sagtec Global leadership team
Management profileNumber of profiles
Profiles3 records
Sagtec Global subsidiaries and ownership
Company hierarchySubsidiaries5 records
Sagtec Global funding detail
Funding detailFunding overview
Funding rounds4 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sagtec Global M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sagtec Global
What does Sagtec Global do?
Sagtec Global sells AI-powered enterprise software, anchored by its Speed+ POS point-of-sale platform (S2 Desktop and S1 Mobile variants) offered via SaaS subscriptions. It extends into vertical AI products including the SAGE AI restaurant operating system, a Smart AI Mobility Platform for ride-hailing and vehicle rental, and AI Smart Home technology for property developers, alongside professional services such as custom software development, cloud computing, mobile app development, IT consulting, and data science.
Is Sagtec Global a public or private company?
Sagtec Global is a public company. It is classified as public and is currently operating.
When was Sagtec Global founded?
Sagtec Global was founded in 2018. It employs 11 to 50 people.
Where is Sagtec Global based?
Sagtec Global is headquartered in Kepong, Malaysia, in the Asia region.
How does Sagtec Global make money?
Five revenue lines are on record. Software Subscriptions are the primary driver. The others are services Revenue, tangible Products, technology Licensing and operating Margins from F&B Operations.
Who are Sagtec Global's main competitors?
Direct peers on record are Toast, Lightspeed Commerce, TouchBistro, Olo and SpotOn. Broad incumbents are Block (Square), Grab, Globant and Clover Network (Fiserv). NCS Group is listed as a regional player.
Does Sagtec Global have an API?
No public API is recorded for Sagtec Global.
What industry is Sagtec Global in?
Sagtec Global's product category is Enterprise POS and AI Software. Its primary akta.pro industry code is HDAEANAA, End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management), with a secondary code of HDAEAKAD, Mobile App Development Platforms (MADP). Its NAICS code is 513210 and its SIC code is 7372.