Proof of Usefulness Report

Finoit Technologies

Analysis completed on 1/21/2026

+573
Proof of Usefulness Score
Industry Mainstay

Finoit Technologies is a verified, established IT services agency (founded 2010) with significant traction (171 employees, 300+ clients including Volvo and ICICI Bank). Although the user submission contained vague and exaggerated claims (e.g., 'most people have used my product', 'marketcap: null'), external due diligence confirms a stable, revenue-generating business with over 15 years of operation. The score reflects the company's proven scale and market presence, despite the low quality of the specific entry data.

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Score Breakdown

Real World Utility+18.75
Audience Reach Impact+12.00
Technical Innovation+8.25
Evidence Of Traction+18.75
Market Timing Relevance+5.00
Functional Completeness+0.25
Subtotal+63
Usefulness Multiplierx0.91
Final Score+573

Project Details

Project URL
Description
Finoit Technologies is a software development company that specializes in providing innovative technology solutions to businesses across various industries. With a focus on delivering high-quality software products, Finoit offers services such as mobile app development, web application development, IoT solutions, and enterprise software development. The company is known for its customer-centric approach, leveraging the latest technologies to help clients achieve their business objectives. Finoit Technologies aims to build long-term partnerships by ensuring transparency, reliability, and excellence in every project they undertake.

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