Proof of Usefulness Report

Giatec

Analysis completed on 1/24/2026

+656
Proof of Usefulness Score
Category Standard

Giatec is a verifiable industry leader in the concrete sensor market (SmartRock) with estimated annual revenue of ~$17M+ and over 150 employees. The project demonstrates exceptional Real-World Utility and Technical Innovation, backed by significant government funding ($17.5M SIF) and global adoption (13,000+ projects). However, the submission itself contained low-quality, hyperbolic data (e.g., audience 'everyone', traction 'most people'), which severely penalized the Quality Factors for Reach, Traction, and Response Quality. The final score reflects a highly successful business weighed down by a poor submission entry.

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Score Breakdown

Real World Utility+237.5
Audience Reach Impact+128.0
Technical Innovation+162.0
Evidence Of Traction+106.25
Market Timing Relevance+90.0
Functional Completeness+5.0
Subtotal+728.75
Usefulness Multiplierx0.9
Final Score+656

Project Details

Description
Giatec's vision is to revolutionize the concrete industry. Combining wireless concrete sensors and mobile apps, Giatec has developed smart IoT-based technologies [https://www.giatecscientific.com/product/] for real-time monitoring of concrete properties such as temperature, humidity and strength. This provides critical information to contractors so they can make efficient and informed decisions on the jobsite, ultimately saving time and money. Ready-mix producers also leverage the Giatec cloud solution that gives them access to field concrete performance data in order to optimize their mix designs. Giatec has also developed advanced non-destructive testing (NDT) technologies for the durability-based performance analysis of concrete materials and the accurate condition assessment of infrastructure including electrical resistivity method and corrosion rate measurement. These products help engineers better manage civil infrastructure by allowing them to schedule maintenance, rehabilitation and replacement operations more efficiently.

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