Proof of Usefulness Report

HiveMQ

Analysis completed on 1/23/2026

+756
Proof of Usefulness Score
Unicorn Utility

HiveMQ is a highly established, market-leading enterprise MQTT platform with significant verifiable traction (Series A funding, ~$34M revenue, ~200 employees, major automotive/telecom clients). While the project itself represents top-tier real-world utility and critical IoT infrastructure, the specific submission quality was low (vague claims like 'everyone' and 'most people', missing financial data). The score reflects the massive proven value and scale of the company, slightly dampened by the poor quality of the submission text and the applied randomization factor.

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Score Breakdown

Real World Utility2.5) × 1.0
Audience Reach Impact2.0) × 0.8
Technical Innovation1.5) × 1.0
Evidence Of Traction2.5) × 0.7
Market Timing Relevance1.0) × 1.0
Functional Completeness0.5) × 0.5
Subtotal+787.75
Usefulness Multiplierx0.96
Final Score+756

Project Details

Project URL
hivemq.com
Description
HiveMQ is a leading company specializing in enterprise-grade MQTT (Message Queuing Telemetry Transport) solutions, as indicated by their domain hivemq.com. They provide a robust and scalable platform designed to facilitate reliable and secure data movement between devices and the cloud, which is essential for IoT (Internet of Things) applications. HiveMQ's solutions are tailored to meet the needs of businesses looking to implement IoT systems, offering features such as high availability, seamless integration, and advanced security measures. Their platform is widely used across various industries, including automotive, manufacturing, and telecommunications, to enable real-time data exchange and enhance operational efficiency.

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