Proof of Usefulness Report

CodexEye Technologies

Analysis completed on 2/11/2026

+29
Proof of Usefulness Score
You're In Business

CodexEye Technologies is a verifiable IT services and hardware vendor based in Indore, India, operating for approximately 5 years. While the business is legitimate, offering weighbridge software and automation solutions, the submission contains significant exaggerations (claiming 'everyone' as the audience and 'most people' as users). Real-world traction is limited to a local B2B client base (approx. 15-20 reviews on IndiaMART). The 'marketcap' figure is ambiguous and likely mislabeled revenue. The project falls firmly into the 'Minimal Traction' category due to its small scale and localized nature, despite the grandiose claims.

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Score Breakdown

Real World Utility+15.0
Audience Reach Impact+1.0
Technical Innovation+4.5
Evidence Of Traction+2.5
Market Timing Relevance+4.0
Functional Completeness+0.5
Subtotal+27.5
Usefulness Multiplierx1.05
Final Score+29

Project Details

Project URL
codexeye.com
Description
CodexEyeTechnologies is product and service based IT company. -: Software Development :- Our team of well-qualified professional software developers provides complete support, starting from conception and design to implementation, training and troubleshooting. We have the expertise to develop application and utility software, distributed and service-oriented applications, enterprise applications or web service applications for various organizations. -: Mobile/Hybrid App Development :- It is crystal clear that the demand of mobile apps has escalated in all businesses. To cope with that, we become your accelerator to design and develop brilliant mobile applications. CodexEyeTechnology is a top-notch mobile app development company offering mobile application development services for Android, iPhone & Windows. -: IoT(wireless) Development :- We design and develop wireless product. We provide IOT (internet Of Things) based services. We connect users to machine using cloud server. We work on smart technology to make world wide hub facility. -: Web Design Development :- Our specialization lies in offering end-to-end solutions for all your web related requirements. Whether you are looking to develop a quality e-commerce website, Web portal or looking for experts who can migrate your existing website to a new technological platform. -: Embedded Development :- We is recognize as a leader in designing and developing safety-critical embedded systems software for the automation industries, automotive electronics. We develop embedded system & GUI based applications.

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