Proof of Usefulness Report

Global IQX

Analysis completed on 1/22/2026

+348
Proof of Usefulness Score
Certified Problem Solver

Global IQX is a verified, successful enterprise software company acquired by Majesco in 2022, specializing in employee benefits automation. While the submission itself was of extremely low quality (containing inaccurate claims like 'most people have used my product' and missing revenue data), external verification confirms high traction, significant B2B utility, and adoption by major insurance carriers (e.g., Beneva, Co-operators). The score reflects the project's proven market value and acquisition status, despite the poor submission effort.

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+102.0
Audience Reach Impact+72.0
Technical Innovation+45.0
Evidence Of Traction+114.0
Market Timing Relevance+28.0
Functional Completeness+1.0
Subtotal+362
Usefulness Multiplierx0.96
Final Score+348

Project Details

Project URL
globaliqx.com
Description
Transform Your Employee Benefits Business\nDigitize, streamline and automate new business and renewal processes for employee and voluntary benefits.\nThe highly configurable system meets custom business needs, delivers comprehensive quoting, rating, proposal generation, renewals, document management and provides seamless integration with other systems and applications that empower your team and maximize resources.

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