Proof of Usefulness Report

Grace System Technology Labs

Analysis completed on 2/11/2026

+279
Proof of Usefulness Score
Gaining Momentum

Grace System Technology Labs is a legitimate, established IT services firm (founded 2001, ~125 employees) based in Bangalore with a US presence. However, the project submission is of very low quality, featuring unverifiable hyperbole ('audience reach: everyone'), confusing financial metrics ('marketcap: 2500000'), and copy-pasted corporate descriptions. While the underlying business appears stable and comparable in scale to the calibration benchmark, the lack of specific product focus, poor evidence of traction in the submission, and vague claims significantly reduce the Proof of Usefulness score. The project represents a functional service business rather than a high-growth technology product.

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+140.0
Audience Reach Impact+20.0
Technical Innovation+48.0
Evidence Of Traction+50.0
Market Timing Relevance+50.0
Functional Completeness+2.5
Subtotal+310.5
Usefulness Multiplierx0.9
Final Score+279

Project Details

Project URL
Description
Founded in 2001, GRACELABS offers design, development, testing and integration services in advanced technologies to solve complex challenges for clients around the world enabling them to respond to dynamic market conditions through top of the line technologies, superior architecture/performance and faster time to market options. All at a very reasonable cost. Our services cover the entire software stack starting from Low level: diagnostic, silicon validation, embedded firmware/protocol stack offloads, device drivers, Kernel mode software, file systems, Board Support Packages, up to middleware, Applications, Management software, Test frameworks, Web Apps, Mobile Apps and Cloud. While dealing with complex software we believe quality, reliability and time to market are most important factors for our customers’ success and our success. So combined with our deep expertise, we have put processes in place to ensure high quality architecture/design, software and delivery in time. We started with low level complex software. So we have extensive experience (more than 800 man years) in the areas of Device drivers, system software, firmware, middleware and BSPs. We have augmented that with experience in the areas of Mobile and Web Apps, Cloud, Management apps, Diagnostics, Silicon validation and testing to cover the entire software stack. Our technology expertise span verticals such as Storage, Networking, Peripherals, IoT, Mobile Phones/Handhelds, Web/Cloud based collaboration tools, Automotive etc. GRACELABS is headquartered in Bangalore with a subsidiary in Silicon Valley, California and a registered sales office in UK.

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