Proof of Usefulness Report

Octopart

Analysis completed on 1/26/2026

+492
Proof of Usefulness Score
Industry Mainstay

Octopart is the industry-standard search engine for electronic components, owned by Altium, with over 20 million annual users and high strategic value in the engineering supply chain. Despite the submission's extremely poor quality (vague claims like 'most people have used my product' and lack of specific data), the project's actual real-world utility and traction are verifiable and exceptional. The score reflects the platform's massive scale and utility, penalized slightly for the low-effort submission.

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Score Breakdown

Real World Utility+114
Audience Reach Impact+90
Technical Innovation+80
Evidence Of Traction+95
Market Timing Relevance+85
Functional Completeness+5
Subtotal+469
Usefulness Multiplierx1.05
Final Score+492

Project Details

Project URL
octopart.com
Description
Octopart is a comprehensive search engine and online platform for electronic components, offering a vast database of parts from various manufacturers and distributors. The company specializes in providing engineers, designers, and procurement professionals with detailed information on electronic components, including pricing, availability, datasheets, and technical specifications. By aggregating data from multiple sources, Octopart simplifies the process of finding and comparing components, making it easier for users to make informed purchasing decisions. The platform is widely used in the electronics industry for its efficiency and reliability in sourcing components.

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
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