Your project's Industry Score™ is the dynamically weighted average of all of your project's reviews, contest placements, and scores.
It's important to note that Industry Score™ is not a metric of quality, it's a metric of confidence of quality, which increases with more strong evaluations. Furthermore, your Industry Score™ will never decrease.
Coverfly aggregates scores from a number of competitions and runs them through a proprietary algorithm to calculate the project's Industry Score™. This is the score that industry executives can search by -- for example, they may look for all Comedy TV Pilots with a score above a 375 for their own reading. You can read more about the Industry Score™ here.
If you feel your Industry Score™ is too low or inaccurate, it's probably because your script does not have enough evaluations to increase the score. The score is calculated this way, because one of the major considerations for a high score is confidence, and this can only be increased with more strong evaluations (from vetted Coverfly-qualifying contests and professional script evaluation services.
For instance, if your script placed as a semi-finalist in one competition, but has no other evaluations, your score will remain relatively low because of the relatively low amount of reader evaluation data associated with the project (despite having scored well with one or two readers).
Your Industry Score™ is not used by competitions on Coverfly's platform to evaluate your project. In other words, your Industry Score™ will never affect your performance in competitions and is completely separate from a contest's decision to select your project as a finalist or winner.
Also read: What is a "good" Industry Score?
Also read: Chart of Coverfly-qualifying competitions