Proof of Usefulness Report

CHG-Meridian

Analysis completed on 2/12/2026

+601
Proof of Usefulness Score
Category Standard

CHG-Meridian is a massive, established global entity managing over €11 billion in technology assets, which places it far above the scale of typical project submissions. However, the submission itself is of low quality, featuring lazy one-word answers ('everyone', 'most people'), incorrect revenue figures (citing ~17M vs the actual ~€2.8B revenue), and inconsistent team size data (125 vs 1,600). The score reflects the undeniable high utility and massive traction of the actual business, heavily penalized by the poor quality of the input data.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility2.5)
Audience Reach Impact2.0)
Technical Innovation1.5)
Evidence Of Traction2.5)
Market Timing Relevance1.0)
Functional Completeness0.5)
Subtotal+643.3
Usefulness Multiplierx0.935
Final Score+601

Project Details

Description
We are the leading international technology manager and financing expert in the IT, industrial, and healthcare technology sectors. With 1,600 employees across 30 countries we manage a technology portfolio worth €8.95 billion (2024). Our headquarters are in Weingarten, Germany. We finance and manage international technology projects in a holistic, digital, and sustainable manner. Acting independently of banks and manufacturers, we supply the necessary assets to our customers, which include large corporations, small and medium-sized enterprises, hospitals, and the public sector. We have been managing our customers’ technology investments for more than 40 years, covering the entire lifecycle from procurement and use to data erasure, refurbishing, and remarketing. Our business model has been based on the principles of the circular economy since 1979. We have been carbon-neutral since 2021. To achieve this, we avoid, reduce, or offset all CO₂ emissions generated by our business activities – and we’re proud to hold an EcoVadis Gold rating (as of September 2024) in recognition of our sustainability efforts.

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