Sagtecs (SAGT, Financial) has successfully delivered 8,000 licenses for its Speed+ Cloud-Based Smart Ordering System and 200 FoodKiosk smart self-service machines to SMD Tech – FZCO, its exclusive partner in the UAE. The shipment, valued at US$1,345,000, marks a significant step in Sagtec's strategic push into the Middle East market, affirming its pivotal role in advancing digital transformation in the food and beverage and retail sectors.
This delivery fulfills 80% of the initial license commitment under a previously announced five-year Master Dealership Agreement with SMD Tech. The inclusion of 200 FoodKiosk units enhances the Speed+ ecosystem, making an automated and efficient customer ordering experience possible in both restaurant and quick-service settings.