Proof of Usefulness Report

Bhumi Varta Technology

Analysis completed on 2/2/2026

+622
Proof of Usefulness Score
Category Standard

Bhumi Varta Technology (BVT) is a verified, significant player in the Indonesian geospatial and deep tech sector with over 160 employees and major enterprise clients (Astra, Kraft Heinz). While the project submission form contained low-effort responses (e.g., 'most people have used my product', 'activeUsers' empty), external verification confirms high traction, robust technology (LOKASIMaps), and strong market relevance. The score reflects a 'Much Larger Scale' company (calibration 400-700), adjusted downward slightly for the poor quality of the specific form responses.

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Score Breakdown

Real World Utility+225.0
Audience Reach Impact+120.0
Technical Innovation+127.5
Evidence Of Traction+148.75
Market Timing Relevance+90.0
Functional Completeness+5.0
Subtotal+716.25
Usefulness Multiplierx0.87
Final Score+622

Project Details

Description
BVT's vision is to be the number 1 Indonesian deep tech company and a world-class location intelligence and mapping software group. We map all types of big data and use machine learning for predictive analytics to help businesses make better data-driven decisions. Our various SaaS modules help with site selection, white space analysis, sales management, asset management, risk management, geotagging, logistics, insurance risk, neighborhood profiling, and many other areas. Our data includes millions of Points of Interest (POIs) in Indonesia, more than 1100 thematic data (demography, etc), and data from hundreds of million anonymous mobile devices updated daily, showing people traffic and further behavioral data. We visualize all this data on maps allowing business leaders to make more informed decisions. BVT also produces its very own Indonesian map, LOKASIMaps for API routing and provides GIS Enterprise solutions for the government, mining companies, and other sectors. Our growing list of clients includes companies across many sectors such as F&B, FMCG, Telco, Finance, Logistics, Entertainment, Automotive, and Government Agencies and includes Astra Digital, Tower Bersama Group, Cinema XXI, FIF Group, Kraft Heinz, and the Harvest. Formed in October 2018, BVT has over 160 staff in its BSD office, with rapid expansion plans over the coming years.

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
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