Proof of Usefulness Report

Hoags Technologies

Analysis completed on 2/3/2026

+38
Proof of Usefulness Score
You're In Business

Hoags Technologies is a legitimate early-stage IoT startup in India (inc. 2023) with verifiable but modest revenue (~$38k FY24). However, the submission quality is critically low, featuring verifiably false claims about audience reach ('everyone') and traction ('most people have used my product'). While the core business of B2B smart appliance modules has real-world utility and fits the 'Make In India' narrative, the discrepancy between the claimed impact and actual financial data (pre-seed stage) severely depresses the score.

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Score Breakdown

Real World Utility+16.25
Audience Reach Impact+1.0
Technical Innovation+8.25
Evidence Of Traction+2.5
Market Timing Relevance+7.5
Functional Completeness+0.25
Subtotal+35.75
Usefulness Multiplierx1.06
Final Score+38

Project Details

Project URL
www.hoags.in
Description
We are a leading smart technology company from India, pioneering cutting-edge solutions for the global market. Our focus lies in advanced technologies for appliances and devices, integrating AI/ML capabilities like predictive maintenance and autonomous functionality. With expertise in cloud computing, mobile apps, sound technology, and voice-based controls, we offer end-to-end solutions to B2B clients, proudly contributing to Make In India. Committed to sustainability, we actively support the "Net Zero Emission" initiative, revolutionizing technology with innovation and eco-friendly practices

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