NewTec Solutions is a verified, established software development outsourcing firm based in Belgrade, Serbia, with a 15+ year operational history and reputable international clients (Siemens, Atos). While the project demonstrates significant real-world traction and a solid business model (team of ~125, estimated multi-million revenue), the submission itself was low-quality, featuring typos ('Unated States') and hyperbolic claims ('most people have used my product', 'everyone'). The 'marketcap' figure is likely a cumulative revenue or valuation estimate. The score reflects a stable, proven SME business, penalized slightly for a lack of specific product innovation and poor submission effort.
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
Score Breakdown
Project Details
Algorithm Insights
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