Proof of Usefulness Report

Asset Monitoring Solutions Inc.

Analysis completed on 2/20/2026

+52
Proof of Usefulness Score
You're In Business

While Asset Monitoring Solutions Inc. appears to be a legitimate legacy business (est. 1991) solving real industrial problems, the submission fails to provide credible proof of usefulness. The claim that 'most people have used my product' is demonstrably false for a B2B industrial IoT firm, and the financial data ('all time marketcap') is confused. The score reflects the disconnect between a potentially viable 30-person company and a submission characterized by hyperbole and lack of verifiable evidence.

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Score Breakdown

Real World Utility+20.0
Audience Reach Impact+5.6
Technical Innovation+7.2
Evidence Of Traction+7.5
Market Timing Relevance+6.0
Functional Completeness+0.5
Subtotal+46.8
Usefulness Multiplierx1.12
Final Score+52

Project Details

Description
Asset Monitoring Solutions Inc. collects and presents data from remote assets for our customers to optimize a process or procedure to save time, save money, reduce risk, increase efficiency, and profit through the use of advanced communication solutions. AMS is located in Alberta, Canada with offices in the Unites States. AMS is a private company that has been in business since 1991. The company has developed and commercialized a complete proprietary solution for the monitoring of assets. AMS's wireless data communication products connect our customer's assets to the internet enabling them to monitor real time sensor data online via a phone, tablet or computer. AMS recognizes operational efficiency is key to having a competitive advantage in the current market place, which helps with overall profitability. Our solutions are built to meet the asset monitoring needs for all industries. ►Who We Are ☟: We are an OEM in the Internet of Things (IoT) machine to machine industry providing cloud based asset monitoring solutions. ►Contact Us ☟: Feel free to contact us if you need any further information

Algorithm Insights

Market Position
Growing utility with room for optimization
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline