Proof of Usefulness Report

Elsys

Analysis completed on 2/27/2026

+337
Proof of Usefulness Score
Certified Problem Solver

The project represents a highly established Swedish hardware company, Elektroniksystem i Umeå AB (Elsys), founded in 2005 and acquired by Bemsiq (Latour) in 2021. They are a leading manufacturer of LoRaWAN sensors with over 500,000 units sold globally and estimated annual revenues exceeding $4M. However, the submission quality is extremely poor, featuring unprofessional credentials ('ShadowShade'), hyperbolic claims ('everyone', 'most people'), and confusing data ('marketcap: 500000'). The high score reflects the verified reality of the business's success and utility, heavily discounted by the lack of effort and precision in the submission.

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Score Breakdown

Real World Utility+21.25
Audience Reach Impact+6.00
Technical Innovation+11.25
Evidence Of Traction+18.00
Market Timing Relevance+8.00
Functional Completeness+0.25
Subtotal323.75)
Usefulness Multiplierx1.04
Final Score+337

Project Details

Project URL
elsys.se
Description
ELSYS provides sensors for smart buildings, cities, and industries. The sensors are used for indoor climate control, energy efficiency, dynamic workplaces, and more. The success story of ELSYS is rooted in a genuine interest in connected devices and a broad knowledge of electronics, infusing the company with a deep understanding of the products and the complex technology underpinning them. This success is also due to the company’s commitment to maintaining control over the design and development of the sensors, ensuring reliable products. ELSYS takes great pride in upholding these high standards and is keen to sustain that reputation.

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