Proof of Usefulness Report

E-BiOnary Technologies Pvt. Ltd.

Analysis completed on 2/11/2026

+68
Proof of Usefulness Score
You're In Business

E-BiOnary Technologies is a verifiable entity established in 2009, offering LIMS and ELN software for the biotechnology sector. However, the submission contains significant inaccuracies and hyperbolic claims (e.g., audience is 'everyone', traction is 'most people'). Independent data indicates the company generates roughly $35k-$180k USD annually, classifying it as a small micro-cap business rather than a high-growth SaaS venture. The low revenue relative to the claimed 30-person team size and 15-year history suggests limited market traction.

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Score Breakdown

Real World Utility+60
Audience Reach Impact+10
Technical Innovation+40
Evidence Of Traction+20
Market Timing Relevance+50
Functional Completeness+10
Subtotal+26.75
Usefulness Multiplierx2.54
Final Score+68

Project Details

Project URL
Description
We are an IoT software product company. We offer software products for application in Life Sciences, Biotechnology and Healthcare domain. This product is for R&D and Manufacturing functions and can be used by both industry and academia. our products are offered to clients in SaaS model.

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