Proof of Usefulness Report

Lab101 Srl

Analysis completed on 2/27/2026

+46
Proof of Usefulness Score
You're In Business

Lab101 S.r.l. is a verifiable Italian software company specializing in Industrial IoT and AR (e.g., SmartGuard AI), with a valid VAT number and active website. However, the submission contains significant exaggerations: it claims 'most people have used my product' and an audience of 'everyone,' whereas public records indicate a niche B2B focus with approximately €37k in annual revenue (2023) and ~150 clients. The claimed team size of 30 contradicts official records listing 0 employees (likely contractors/partners). While the technology is legitimate and useful, the score is heavily penalized by the hyperbolic and inaccurate claims in the submission.

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Score Breakdown

Real World Utility+20.00
Audience Reach Impact+2.00
Technical Innovation+10.50
Evidence Of Traction+5.00
Market Timing Relevance+7.50
Functional Completeness+0.25
Subtotal+45.25
Usefulness Multiplierx1.02
Final Score+46

Project Details

Project URL
Description
We are a company specialized in the development of enterprise software Iot solutions and wireless immersive experiences using weareable devices and the latest Augmented Reality (AR) and Virtual Reality (VR) technologies.

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