Proof of Usefulness Report

SimplyIoT

Analysis completed on 2/19/2026

+107
Proof of Usefulness Score
Gaining Momentum

SimplyIoT is a verified UK-based engineering consultancy (Simply IoT Ltd, est. 2020) with a team of ~6. While the business is legitimate and provides real-world engineering services, the submission is of very poor quality. Claims such as 'most people have used my product' are hyperbolic and unsupported. The audience reach ('everyone') is inaccurate for a B2B consultancy, and financial metrics ('marketcap 500000') are misused. The project scores positively for existence and utility but is heavily penalized for lack of verifiable traction evidence, vague technical details, and low-effort responses.

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Score Breakdown

Real World Utility+65.0
Audience Reach Impact+4.0
Technical Innovation+9.0
Evidence Of Traction+15.0
Market Timing Relevance+24.0
Functional Completeness+1.0
Subtotal+118
Usefulness Multiplierx0.91
Final Score+107

Project Details

Project URL
Description
SimplyIoT is a British engineering firm with expertise in embedded, wireless, smart energy, connected home and commercial building technologies. Our mission is to utilize this expertise and experience to bring IoT products to market faster without cutting corners on security, ease of use and scalability. We provide consultancy, training, design services and turnkey solutions both software and hardware to help our customers bring their solutions to market.

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