Power Auctions is a leading provider of consulting and software development services for high-stakes online auctions.

No other organization can match the depth and breadth of our experience and success in high-stakes auctions. For over a decade, we have been the leading innovators in the field. We have managed the successful design and execution of more than 80 specialized auctions worldwide, for corporations, governments, and non-governmental organizations.

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Market Leader in
Clock Auctions

Our firm has been the leading innovator in the design of clock auctions and our software has been used to run the majority of high-stakes clock auctions held worldwide to date. Most notably, we designed and provided the software for the first commercial implementation of a simultaneous clock auction, in 2001 for the French utility EDF, and we have continued to operate these auctions quarterly. Our proprietary Intra-Round Bidding technology allows a significant reduction in the number of rounds in an auction while improving efficiency and revenues. We have been awarded nine US patents for our auction technology and have other applications pending.

Simultaneous Multiple-Round Auctions (SMRA)

Using our PowerAuctions™ software platform, we have built a modern implementation of the simultaneous multiple-round auction. The SMRA design is the auction format that has been used for most spectrum auctions worldwide since 1994. We offer the most innovative and effective SMRA software available anywhere. Aside from being a leading solution for spectrum regulators, our software is frequently used by mobile telephone providers and their advisors for use as a bidder training and simulation tool.

Combinatorial Auctions and
New Designs

We have implemented a number of innovative new auction designs that are based on our economists' research work and have been used for auctions in new fields such as aviation, as well as in established fields such as telecommunications. Our software team is very experienced implementing the economics principles underlying auction design and are able to customize the software to support new auction designs and rules efficiently and reliably.