Proof of Usefulness Report

Towcha Technology

Analysis completed on 2/11/2026

+402
Proof of Usefulness Score
Certified Problem Solver

Towcha Technology is a verified, Indigenous-owned IT consultancy with significant traction in the Australian government and corporate sectors (NAB, Australia Post, ATO). While the submission incorrectly cites 'SwiftKeeper' as the project name and provides vague metrics ('marketcap: 500000', 'everyone'), independent verification confirms a team of ~30 delivering high-value digital solutions. The project demonstrates strong real-world utility and market relevance through its Supply Nation certification and major contracts, though the submission quality itself was poor and relied on hyperbolic claims.

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Score Breakdown

Real World Utility+175
Audience Reach Impact+32
Technical Innovation+60
Evidence Of Traction+120
Market Timing Relevance+60
Functional Completeness+10
Subtotal+457
Usefulness Multiplierx0.88
Final Score+402

Project Details

Project URL
Description
Towcha Technology innovate world-class digital solutions that unite operations, unlock value and unleash success for Australia's leading enterprises. Our bright team of technology professionals deliver strategic advice, effective applications and intelligent support to streamline your next digital transformation. Gubbi Gubbi man and Managing Director, Alan Holmes, leads Towcha Technology; a proud Indigenous business serving the highest level of Australian corporate, financial, retail and government organisations. Clients include Australia Post, National Australia Bank, Australian Securities & Investment Commission, Coles Myer, Department of Primary Industries, First Samuel, Municipal Association of Victoria, Sensis and more… A SMARTER WORLD FOR A BETTER FUTURE Driven to make a practical difference and provide unparalleled value, Towcha Technology clients receive leading-edge innovations that solve your most complex business problems. As an open, accountable and quality-driven organisation, we focus on delivering profitable outcomes for our clients. We offer a breadth of developers, engineers, analysts, scientists, managers, designers and architects in technology and innovation. Our core services are: Digital Solutions, Software Development, Project Services, Big Data Insights, Internet of Things (IoT) and Systems Integration. INDIGENOUS BUSINESS & SERVICE PROVIDER Creating a sustainable inclusive economy in Australia entails mentoring and elevating Indigenous talent. Towcha Technology commit to the reconciliation of Aboriginal and Torres Strait Island communities with Australian enterprises. Towcha Technology is a certified Indigenous Supplier with Supply Nation; a member of the Victorian Aboriginal Chamber of Commerce, Kinaway; a grant recipient & scholar with Indigenous Business Australia; and a member of the Indigenous Defence Consortium.

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