Proof of Usefulness Report

Sievo

Analysis completed on 1/30/2026

+633
Proof of Usefulness Score
Category Standard

Sievo is a highly established, market-leading procurement analytics company founded in 2003, with approximately 400 employees and significant annual revenue (est. $50M+). The project solves critical enterprise problems regarding spend analysis and ESG tracking for Fortune 500 clients. However, the submission itself was of very low quality, containing inaccurate claims (e.g., audience reach 'everyone', traction 'most people') and lazy responses. Despite the poor submission quality, the verifiable external reality of the project's scale and utility warrants a high score, adjusted downward by Quality Factors reflecting the lack of effort in the application.

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Score Breakdown

Real World Utility+190.0
Audience Reach Impact+85.0
Technical Innovation+96.0
Evidence Of Traction+245.0
Market Timing Relevance+85.0
Functional Completeness+2.5
Subtotal+703.5
Usefulness Multiplierx0.90
Final Score+633

Project Details

Project URL
Description
Sievo develops software and solutions to help businesses create more value out of their procurement data. We’re currently serving many of the Fortune 500 companies in the US, as well as Global 2000’s in Europe. You can find more information on us and detail on customer case studies and videos on our web page https://sievo.com/

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