Proof of Usefulness Report

MachiQ Software

Analysis completed on 1/25/2026

+196
Proof of Usefulness Score
Gaining Momentum

MachiQ Software is a verified B2B Industrial SaaS company based in Basel, Switzerland (founded 2016), providing legitimate CMMS and asset performance tools. However, the project submission contains significant inaccuracies and hyperbole (e.g., claiming 'everyone' as the audience and 'most people' have used it). While the external reality of the business shows promise with ~150,000 assets managed, the submission's poor quality and false traction claims heavily penalized the score. The evaluation credits the actual utility of the software found via external search but applies low quality factors to the submitted claims.

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 Utility1.0)
Audience Reach Impact0.8)
Technical Innovation0.6)
Evidence Of Traction1.0)
Market Timing Relevance0.4)
Functional Completeness0.2)
Subtotal+196
Usefulness Multiplierx1.00
Final Score+196

Project Details

Project URL
Description
MachiQ Software, accessible via machiq.com, is a technology company specializing in providing advanced software solutions for industrial operations and maintenance. The company focuses on developing innovative tools that enhance the efficiency and productivity of manufacturing processes. MachiQ Software offers a range of products designed to streamline asset management, predictive maintenance, and operational analytics, helping businesses optimize their operations and reduce downtime. With a commitment to leveraging cutting-edge technology, MachiQ Software aims to empower industries to achieve greater operational excellence and sustainability.

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