Proof of Usefulness Report

SmartSpace Software Plc.

Analysis completed on 2/16/2026

+493
Proof of Usefulness Score
Industry Mainstay

SmartSpace Software Plc is a legitimate, historically publicly listed entity (AIM:LSE) with significant real-world traction (approx. £5-7M revenue, 6,000+ customers). The project includes established brands like SwipedOn. However, the submission quality is mixed; while the description is detailed, fields like 'audienceReach' ('everyone') and 'evidenceOfTraction' ('most people have used my product') are hyperbolic and inaccurate for a B2B SaaS product. The score reflects strong business fundamentals penalized by lazy submission data.

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Score Breakdown

Real World Utility+188
Audience Reach Impact+60
Technical Innovation+90
Evidence Of Traction+123
Market Timing Relevance+80
Functional Completeness+8
Subtotal+549
Usefulness Multiplierx0.898
Final Score+493

Project Details

Description
SmartSpace Software PLC is the parent company of the UK’s leading workspace optimisation providers: * Space Connect: Fast & affordable workspace optimisation * SwipedOn: Visitor welcome and management solution * A+K: Leading Workspace & Audio Visual technology distributors. SmartSpace Software PLC is focused on digital workspace technologies that make real estate more efficient and organisations more effective. Listed on the Alternative Investment Market of the London Stock Exchange, we provide software solutions via several routes to market including; direct sales, via Distributors, Partners & Resellers, which enable corporate offices to become Smart Buildings delivering optimisation of the workplace. Our software solutions: Our business model is to offer SaaS solutions where the focus is on high visibility of revenues with over 6000 customers in 60 countries. Demand for our services is being driven by the ever-growing need to create more efficient workplaces and the rapidly developing priority of creating environments that help employees operate in a post-Covid world. Through SmartSpace Software PLC, our investors have a unique opportunity to access a fast-growing segment of the digital economy: ‘Smart Buildings’ and ‘Workspace optimisation.’ We have three companies in the Group, each trading under their own brand and focusing on different aspects of workplace optimisation. Our goal is to become the global market leader in scalable smart workspace software technologies.

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