Proof of Usefulness Report

CyanConnode

Analysis completed on 1/25/2026

+704
Proof of Usefulness Score
Category Standard

CyanConnode is a verifiable, publicly traded company (AIM: CYAN) with significant real-world traction, including ~£18M in annual revenue and over 2.7 million deployed smart meter devices globally. While the submission itself was low-quality (vague claims like 'everyone' and 'Wireless'), the underlying business is a market leader in RF mesh IoT networks for smart grids. The discrepancy in team size (115 FTEs vs 350 claimed) likely reflects the inclusion of partner/contractor ecosystems. The project demonstrates high utility and established market presence.

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Score Breakdown

Real World Utility+23.0
Audience Reach Impact+11.9
Technical Innovation+9.84
Evidence Of Traction+22.5
Market Timing Relevance+8.8
Functional Completeness+0.5
Subtotal+76.54
Usefulness Multiplierx0.92
Final Score+704

Project Details

Project URL
Description
CyanConnode is a world leader in the design and development of Narrowband RF mesh networks that enable Omni Internet of Things (IoT) communications. With a wealth of expertise and experience in smart technology, the Group provides customers with long-range, low-power, end-to-end networking solutions and high-performance applications that help them enhance service delivery, improve business efficiency and save energy.

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