Proof of Usefulness Report

NoaTec

Analysis completed on 2/19/2026

+43
Proof of Usefulness Score
You're In Business

NoaTec (NoaTec Ltd) is a verifiable UK-based company specializing in RFID solutions and niche hardware (e.g., non-pressurized fire extinguishers, healthcare cushions), with presence at trade shows like Interschutz and Medica. However, the project submission is of critically low quality, featuring demonstrable falsehoods (claiming 'most people' have used the product and 'everyone' is the audience) and ambiguous financial data ('marketcap' for a private entity). While the underlying business has genuine B2B utility and technical merit, the score is heavily penalized by the exaggerated claims and lack of verifiable traction data in the submission.

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Score Breakdown

Real World Utility+75.0
Audience Reach Impact+2.0
Technical Innovation+9.0
Evidence Of Traction+3.75
Market Timing Relevance+5.0
Functional Completeness+0.25
Subtotal+35
Usefulness Multiplierx1.23
Final Score+43

Project Details

Project URL
noatec.co.uk
Description
NoaTec RFID is a solution providing company that consult, design, build and deliver IoT solutions using RFID technologies. Our solutions include Tracking assets & Files, People Visibility, Emergency Evacuation, Keys and Weapons Visibility, Condition Monitoring Etc. Our Solutions addresses requirements from diversified industries including Corporate, Library, Healthcare, Hospitality, Airport, Government, Supply Chain etc. Our Solutions help in Loss Prevention, better control and visibility to the dark areas of the operations hence improve the business profitability.

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