- Sagtec Global Limited (SAGT, Financial) launches AI-powered robotics platform for dining operations, aiming at the $90 billion service robotics market.
- The platform includes autonomous navigation, multilingual voice ordering, and POS integration, targeting labor shortages in hospitality.
- Sagtec aims for 500+ robotic kiosk subscriptions within 12 months, focusing on Southeast Asia and the Middle East.
Sagtec Global Limited (SAGT) has announced the launch of its AI-powered robotics platform designed to revolutionize front-of-house dining operations. The company is targeting the robust $90 billion service robotics market, which is anticipated to grow at a compound annual growth rate (CAGR) of 19.2% by 2032. With a strategic focus on addressing labor shortages in the hospitality industry, Sagtec's solution combines cutting-edge autonomous robotics with AI algorithms and real-time software orchestration.
The platform boasts features such as autonomous navigation, multilingual voice ordering, facial recognition, and seamless integration with point-of-sale (POS) systems. These innovations are set to alleviate the projected shortfall of 14 million hospitality workers by 2030, delivering enhanced operational efficiency for dining environments.
Sagtec's revenue model is built on multiple streams, including hardware sales, leasing subscriptions, AI software licensing, and maintenance contracts. The company is poised to secure over 500 robotic kiosk subscriptions in the next 12 months, focusing particularly on growth in the Southeast Asia and Middle East markets.
With early interest from multinational restaurant groups and franchise chains, Sagtec is well-positioned to establish a significant footprint in the service robotics market. This launch not only marks a pivotal expansion in Sagtec's market reach but also strengthens its long-term revenue prospects through a sophisticated SaaS-style licensing model and flexible monetization strategies.
