Proof of Usefulness Report

Candesic

Analysis completed on 2/13/2026

+55
Proof of Usefulness Score
You're In Business

Candesic is a legitimate, established boutique healthcare consulting firm (founded 2002) with verifiable revenue (~$13M/year) and significant industry tenure. However, the project submission is of exceptionally poor quality for a professional entity. It incorrectly identifies the project as 'MysticForge', claims 'everyone' as the audience (false for niche B2B), and asserts 'most people have used my product' (demonstrably false). Additionally, this is a professional services business, not a technology project, resulting in a minimal innovation score. The final score reflects the high viability of the underlying business heavily penalized by false submission claims, data entry errors, and lack of technical novelty.

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Score Breakdown

Real World Utility+20.0
Audience Reach Impact+3.0
Technical Innovation+1.5
Evidence Of Traction+16.0
Market Timing Relevance+8.0
Functional Completeness+0.5
Subtotal+49
Usefulness Multiplierx1.12
Final Score+55

Project Details

Project URL
Description
Candesic is a leading specialist healthcare, pharma & life sciences and medtech management consulting firm. Our consulting services include strategy, vendor / commercial due diligence, digital and M&A/growth. We work with global private equity funds and other private investors, as well as their portfolio companies, healthcare corporates and public sector organisations such as the NHS. Since our foundation in 2002, we have completed over 700 consulting assignments across Europe, the Middle East, the Americas and Australia. Our professional team combines deep strategic, medical and scientific expertise, allowing us to deliver a unique value proposition to our clients: CEO level clarity with R&D level insight.

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