Proof of Usefulness Report

Coriel Ltd.

Analysis completed on 2/19/2026

+62
Proof of Usefulness Score
You're In Business

Coriel Ltd. is a verifiable, established (2008) UK-based IoT/RFID integrator solving genuine industrial problems (e.g., tracking 2.5m kegs). However, the submission quality is extremely poor, containing false claims ('everyone' as audience, 'most people have used my product') and confusing metrics (conflating asset volume with 'marketcap'). While the real-world utility is high for its B2B niche, the project falls into the 'Small/Micro' category (<£1M turnover, <50k users) and is heavily penalized for inaccurate submission data.

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Score Breakdown

Real World Utility+20.0
Audience Reach Impact+3.0
Technical Innovation+9.0
Evidence Of Traction+12.0
Market Timing Relevance+6.0
Functional Completeness+0.25
Subtotal+50.25
Usefulness Multiplierx1.23
Final Score+62

Project Details

Project URL
coriel.co.uk
Description
Coriel’s connected technologies let you identify, locate, track, monitor and share data about your assets. Our solutions provide intelligence on plant, vehicles and equipment. Goods, products and components. Even people on the ground. Knowing what, where, when and how lets you reduce costs, mitigate risk and maximise optimisation. Discover agile asset data reporting to drive your digital transformation with Coriel. Established in 2008 and based in Nottingham, UK, Coriel are experts in the design and delivery of IoT (Internet of Things) technology and solutions.

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