Proof of Usefulness Report

Geostech

Analysis completed on 2/27/2026

+38
Proof of Usefulness Score
You're In Business

Geostech S.r.l. is a verified Italian micro-enterprise established in 2014, specializing in GPS tracking, fleet management, and IoT solutions. While the business is legitimate and addresses real-world utility in the smart mobility sector, the submission contains significant exaggerations (claiming 'everyone' as the audience and that 'most people' have used the product). Financial metrics are ambiguous ('marketcap: 500000' likely refers to valuation or cumulative turnover, indicating small scale for a 10-year-old company). The score reflects a functional small business with poor submission data and minimal verifiable digital traction compared to the stated longevity.

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Score Breakdown

Real World Utility+17.50
Audience Reach Impact+1.00
Technical Innovation+7.50
Evidence Of Traction+2.50
Market Timing Relevance+5.00
Functional Completeness+0.50
Subtotal+34
Usefulness Multiplierx1.12
Final Score+38

Project Details

Project URL
Description
Geostech è una società dinamica che offre prodotti e servizi tecnologici per soggetti in movimento. L'azienda progetta, produce e distribuisce soluzioni hardware e software per la localizzazione geografica di oggetti e persone, per la gestione di flotte aziendali e per applicazioni di sicurezza personali.Attiva nel campo della Smart Mobility, progetta, sviluppa e produce apparati di bordo per sistemi di sharing (car, scooter e bike sharing). Progetta, produce e distribuisce soluzioni di Internet Of Things in ambito civile ed industriale. Per soddisfare la specifica esigenza del Cliente viene proposta la soluzione tecnologica verticale che meglio si adatta all'applicazione: il giusto dispositivo hardware per la collezione dei dati e la personalizzazione della piattaforma web e mobile (Android ed iOS) e di tutte le informazioni riguardanti il bene da monitorare.

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