Sagtec Global CEO Details U.S. Expansion, $10M AI Contract and SaaS Growth

Sagtec Global CEO Kevin Ng discusses the company’s plans to expand into the United States, beginning with a new operation in New York City. He also highlights a recently secured contract worth approximately $10 million to manage AI data center operations in Southeast Asia for Hong Kong-based VeraTech, with the contract expected to be recognized over the next 36 months. Sagtec is also anticipating year-over-year revenue growth of more than 20% in its upcoming first-half results.

Ng explains how Sagtec’s SaaS-based point-of-sale business is benefiting from subscriber growth, with its customer base increasing from roughly 13,000 last year to approximately 14,000–15,000 subscribers today. He also discusses plans to introduce more AI-powered capabilities across Sagtec’s software, management’s recent insider share purchases, and the company’s strategy to establish a Manhattan presence before considering expansion into additional U.S. markets.

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