Proof of Usefulness Report

Cloud DX

Analysis completed on 1/25/2026

+587
Proof of Usefulness Score
Industry Mainstay

Cloud DX is a legitimate, publicly traded (TSX-V: CDX) MedTech company with significant technical assets (ISO 13485, XPRIZE recognition) and a substantial team (125 employees). However, the submission quality is poor, containing hyperbolic and factually incorrect claims (e.g., 'most people have used my product', audience is 'everyone'). While the underlying 'Real-World Utility' and 'Innovation' are high due to the critical nature of Remote Patient Monitoring (RPM), the score is penalized by the lack of specific traction data in the submission and the discrepancy between the large team size and the micro-cap valuation (~$17M).

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 Utility+270.0
Audience Reach Impact+40.0
Technical Innovation+153.0
Evidence Of Traction+140.0
Market Timing Relevance+85.0
Functional Completeness+7.5
Subtotal+695.5
Usefulness Multiplierx0.844 (Market Uncertainty Adjustment)
Final Score+587

Project Details

Project URL
clouddx.com
Description
Reimagining Healthcare at Home Cloud DX is a Canadian health tech leader transforming how care is delivered through virtual care and Remote Patient Monitoring (RPM). Our award-winning Connected Health™ platform combines smart medical devices, secure software, and expert support to connect patients and clinicians wherever care happens. Trusted by hospitals, health systems, and research institutions across North America, Cloud DX helps healthcare providers manage chronic conditions, support post-operative recovery, scale hospital-at-home programs, and enable aging in place. Our solutions are designed and built in Canada, earning global recognition from Fast Company, the Edison Awards, and the Qualcomm Tricorder XPRIZE. Cloud DX was awarded the Bold Epic Innovator Award for groundbreaking work in remote vital sign monitoring, recognizing our vision for the future of connected, patient-centered care. Cloud DX is ISO 13485:2016 certified for Quality Management and operates in alignment with HIPAA (U.S.), PIPEDA (Canada), and key provincial privacy laws including PHIPA (Ontario), HIPMA (Yukon), and FIPPA (British Columbia). We complete annual SOC 2 Type II audits and host all health data securely in Microsoft Azure, encrypted and stored in its country of origin. Healthcare is evolving. See how Cloud DX is leading the way.

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