Proof of Usefulness Report

Hanecs

Analysis completed on 2/28/2026

+46
Proof of Usefulness Score
You're In Business

The project represents a legitimate automotive embedded software company (Hanecs GmbH) with verifiable history. However, public records indicate the company filed for insolvency in self-administration in July 2024, signaling severe viability risks. The submission contains conflicting data (125 employees vs. extremely low 'marketcap' revenue figures) and hyperbolic claims ('everyone', 'most people') that do not align with a B2B consultancy model. While the underlying technology (ISO 26262, AUTOSAR) has high real-world utility, the combination of financial distress and poor submission quality results in a low score.

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Score Breakdown

Real World Utility+20.0
Audience Reach Impact+3.0
Technical Innovation+9.75
Evidence Of Traction+3.75
Market Timing Relevance+6.0
Functional Completeness+0.5
Subtotal+43
Usefulness Multiplierx1.07
Final Score+46

Project Details

Project URL
Description
Vision: Driving innovation by smart embedded software. Mission: As an embedded software development specialist, we enable our customers to accelerate their SW development & drive innovation for future mobility Our company is specialized in the development of embedded software and systems with high functional safety and quality requirements. As your technology partner in the area of safety critical, and real-time embedded systems we will lead your project to success. We support you in the following fields: - Functional safety - ISO 26262, IEC 61508 - Cyber Security - ISO 21434 - Software Defined Vehicles - Embedded IoT - AUTOSAR - System, Software Engineering, and all other phases of the V-model development cycle We have years of experience in software development for various products in different industries. - Automotive: - ESC (Electronic Stability control) / Vehicle Dynamics ECU - Electronic Theft Protection Systems - Computer platforms for advanced driver-assistance systems and highly automated driving - Systems for Drivetrain - Embedded IoT: Medical Devices

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