Proof of Usefulness Report

Eg Technology Ltd.

Analysis completed on 2/13/2026

+299
Proof of Usefulness Score
Gaining Momentum

Eg Technology Ltd is a verified, established (2002) product design consultancy based in Cambridge, UK, specializing in MedTech and engineering. While the underlying business has high real-world utility and longevity, the submission contains significant inaccuracies, including an exaggerated team size (350 vs. actual <50) and hyperbolic claims of reach ('everyone' / 'most people'). The revenue figure is mislabeled as 'marketcap'. The score reflects the solid operational reality of the business, heavily penalized for the low quality and inaccuracy of the submitted data.

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+127.50
Audience Reach Impact+24.00
Technical Innovation+72.00
Evidence Of Traction+52.50
Market Timing Relevance+36.00
Functional Completeness+3.00
Subtotal+315
Usefulness Multiplierx0.95
Final Score+299

Project Details

Description
eg technology is an innovative and creative product design, engineering and development consultancy, based in Cambridge, UK, with a second office in Galway, Ireland. We provide a professional engineering design service taking a project from concept through to transfer to manufacture. We have strong project management and excellent communication processes in place to ensure that risk, cost and time to deliver projects is managed effectively and efficiently. eg technology has a talented and experienced engineering team, who deliver inspiring, marketable and industry-transforming products across MedTech, LabTech, BioTech, VetCare, CleanTech, AgriTech, Consumer and Food/Drink Sectors. Specialising in electronics and software engineering, industrial and mechanical design, human factors, project management, technical due diligence and regulatory compliance, we know how to solve technical challenges and make things work. We apply thorough research, creative thinking and innovative design to ensure that the products we prototype, or produce for manufacture, are driven by market demand and user requirements. We are ISO 13485 accredited and the applicable design process is rigorously implemented against each individual project. Our dynamic environment enables us to undertake projects from simple one-off solutions to complex integrated developments. Our customers range from large blue-chip companies requiring specific expertise and a plug-in resource through to early-stage companies looking for help with idea realisation and product creation. eg technology has extensive experience supporting medical device design and development, life sciences engineering, lab automation, test equipment design, consumer product design, industrial development, pet-care product development. AgriTech development and food & drink innovations.

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