Proof of Usefulness Report

Bytek Smart Solutions

Analysis completed on 2/27/2026

+68
Proof of Usefulness Score
You're In Business

Bytek Smart Solutions is a legitimate deep-tech company based in Bilbao, Spain, specializing in embedded systems and IoT, with verified participation in the Bind 4.0 accelerator and a patented smart pillbox product (Pileus). However, the project submission itself is of extremely low quality, featuring hyperbolic and demonstrably false claims (e.g., 'Audience Reach: everyone', 'most people have used my product'). While the underlying technology and business have merit (Real-World Utility and Innovation are high), the submission's lack of professionalism and inaccurate reach/traction metrics severely penalize the final score. The project falls into the 'Small but promising' category technologically, but the 'Minimal traction/Red flags' category based on the submission data.

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Score Breakdown

Real World Utility+25.5
Audience Reach Impact+4.0
Technical Innovation+14.4
Evidence Of Traction+10.0
Market Timing Relevance+8.0
Functional Completeness+0.25
Subtotal+62.15
Usefulness Multiplierx1.09
Final Score+68

Project Details

Project URL
bytek.info
Description
BYTEK smart solutions is a deep-tech company based in the Basque Country with headquarters in Bilbao. Founded upon previous experiences in embedded systems and critical communications in the aero and industrial markets, we use our expertise to design and develop embedded systems for IoT ecosystems. We are focused on highly innovative R&D projects with a strong commitment to delivering social impact. We are also actively engaged in microelectronics research to develop innovative solutions tailored to the local ecosystem. Its ultimate goal is to achieve technological excellence in these fields. We provide wide variety of engineering services that include hardware devices, cloud computing and web development. Our know-how includes: * Electronic design: FPGAs, MCUs, embedded systems. * Firmware: standalone, Linux, RTOS. * Cloud solutions: AWS, Google Cloud, serverless computing.

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