Proof of Usefulness Report

NordicRay Technologies

Analysis completed on 2/27/2026

+35
Proof of Usefulness Score
You're In Business

NordicRay Technologies appears to be a legitimate but small engineering consultancy established in 2014, currently operating out of Austria. While the firm lists an impressive array of high-tech services (Semiconductors, AI, RF, Automotive), the submission suffers from significant credibility gaps. The claim that 'most people have used my product' is unsupported and highly improbable for a 6-person firm with a self-reported 'market cap' of 500,000 (likely currency unspecified, but indicating small scale). The revenue metric is confused, and the audience reach claim of 'everyone' is factually incorrect for a B2B consultancy. The project scores in the 'Minimal Traction' range due to the lack of verifiable product-market fit data and hyperbolic claims.

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Score Breakdown

Real World Utility+15.00
Audience Reach Impact+1.00
Technical Innovation+7.50
Evidence Of Traction+3.75
Market Timing Relevance+6.00
Functional Completeness+1.00
Subtotal+34.25
Usefulness Multiplierx1.02
Final Score+35

Project Details

Project URL
nordicray.net
Description
NordicRay Technologies was established in 2014 in Norrkoping, Sweden which was a venture of a Linkoping University graduate in Wireless and Electronics Engineering. NordicRay is working to make engineering and technological advancement. We are committed to contribute significantly to IR4.0 NordicRay works in a wide range of tech-spectrum such as electronics, software and control systems design, development, test, validation, measurement automation and data processing in the domains of Embedded Systems, Automotive: ADAS, In-Vehicle Network-IVN, Vehicle to Everything-V2X, Power Management IC, GPS, Infotainment, Electrical Vehicle; Computer Vision Platform, Artificial Intelligence-AI, Machine Language-ML, Wireless, Mobile and Satellite Communications, Cyber Security, AR/VR (xR), Sensor, Radar, LiDAR, Analog-Digital IPs, RF, and Semiconductor Devices. We are also providing best-in-class consultations on cutting edge and conventional engineering and technologies solutions, calibration, pre-silicon, wafer level, die level and post-silicon testing. For more information, please contact: info@nordicray.net

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