Company: KARO
Filing Date: 2025-06-09
Form Type: 20-F
Source: 0001213900-25-052372
Chunk: 79

Company: Karooooo Ltd.
Filing Date: 2025-06-09
Form: 20-F
Item: Item 4
Chunk 79
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 targets.

Our Technology

We designed our SaaS Cloud platform
architecture for global access via an internet browser or mobile application. Updates to our platform are distributed instantaneously
to all of our customers over the internet. Our solutions have been specifically built to deliver:

  a consistent, intuitive end-user experience to limit the                             

  turnkey, out-of-the-box functionality;  

  flexibility to design customized reports and alerts that                            

  integration with other systems such as OEM systems, fuel                                                                                      

  scalability to match the needs of our growing customer base  

  rigorous security standards and high levels of system performance  

Our fleet management platform
is comprised of a telematics device that incorporates off-the-shelf components, including a cellular modem, GPS receiver and memory capacity
sufficient to run our proprietary firmware, which reports vehicle coordinates, time, speed, ignition status and mileage from satellite
readings. This information is collected using an event-based algorithm (allowing the events collected to provide a road hugging presentation
on the mapping layers) and then sent to our receivers at third-party data centers via a commercial cellular network. The information is
then processed and delivered to our customers providing a wide range of live reporting, mapping and alerts designed to give customers
business intelligence. This information can be accessed by our customers via an internet browser or mobile application as well as be sent
to customers by email, an XML feed, or internet services.

Our SaaS platform is deployed
using a multi-tenanted architecture that scales rapidly to support additional subscribers through the addition of incremental commodity
processing and storage hardware. This architecture flexibility allows us to sustain high levels of uptime without degradation of system
performance despite significant subscriber growth. Our existing architecture and infrastructure have been designed with sufficient capacity
to meet our current and anticipated future needs.

We use many frameworks, most notably
REACT developed by Facebook, and write the majority of our software in industry-standard software programming languages, such as JavaScript,
python, PHP and C/C++. All software is deployed for our relational database management system. Apart from these and other third-party
industry standard technologies, our fleet management solutions have been specifically built and upgraded by our in-house development team.

Research and Development

The responsibilities of our research
and development organization, which consists of 219 full-time employees, include platform management, platform development, quality assurance
and technology operations. Our investment in research and development is core to our business strategy and a key differentiator in the
competitive landscape. All of our research and