Optimal Auctions Spectrum Auctions - World's Most Trusted Software
Time and again countries around the world have trusted Optimal Auctions and our spectrum auction software to help allocate and sell their spectrum. As the world continues to expand its use of mobile data usage, the sale of spectrum is becoming more and more critical to the successful business workings of an entire country. With this level of importance, you must trust a company that has run successful spectrum auctions time and again - Optimal Auctions. In the past few years, we've successfully run the following spectrum auctions:
Optimal Auctions Spectrum Auctions - Cheaper, Faster, Better-Tested - Guaranteed
Our Spectrum Auctions are incredibly configurable, allowing us to meet any rules or regulations that you may have with your spectrum auction. In fact, there are over 212 settings in our auction software, which means no matter the complexity or requirements of your spectrum auction, you can feel assured that Optimal Auctions can deliver a software solution that will be cheaper, faster, and better-tested than any of our competitors. We guarantee it!
Our Software Makes Everything So Easy, Why Try to Create Your Own?
We would be incredibly happy to show you a demonstration of our software. We are confident that once you see how the software works, and how easily it controls every aspect of your auction, you will never go back to using an Excel spreadsheet. Our software takes care of everything you could imagine - exact timing of rounds, ensuring bids are received in time, ensuring bids adhere to eligility rules, and thousands of other things. Plus, it runs right in your browser, so anyone with a desktop, laptop, or even a smartphone can use our software. Your bidders can simply log on and bid - there's nothing to install!
Call Now For a Demo - 512-947-8273
We will be happy to talk with you about your auction software needs, and will help answer any questions you might have. We know that our spectrum software is the best the world. How do we know this? We've seen our competitors, we've even tried our competitors' software, and our spectrum software is superior in every aspect. From usability, to scalability, to security, you should know that our Spectrum auction software is the best you can find in the world.
What is a Spectrum Auction?
Everyone in the world deals with spectrum on a daily basis. Television signals, cell phone signals, wireless internet signals, radio stations - everything travels on spectrum. The problem facing every country is to how to allocate these slices of the spectrum to companies for them to use. Allocation must be done efficiently, fairly and in compliance with the laws of the land in order to create a smooth market-driven process. This is where auctions come into play.
The spectrum auction notion has been around for a long time, long before the Internet. It's long been established that the best market-driven way to allocate spectrum is to use auctions. The United States' FCC has been at the forefront of spectrum auctions since their inception. Additionally, the FCC has developed new auction types for dealing with spectrum auctions, and have created rules and variations over the years to address specific needs.
Nowadays, spectrum auctions typically take 3 forms - the SMR Auction, which is traditionally used for spectrum auctions, is the easiest to set-up for regulators, easy to understand for bidders, and provides for an efficient allocation fairly for all bidders. This auction format is ideal in all sized countries, especially where spectrum is geographically bound.
Another choice is the Clock Auction, which has sometimes been used for spectrum auctions where the slices of spectrum are all equally valuable to bidders. In this setup, the auction merely establishes a price for each slice, with bidders choosing the actual slice after the auction. This auction type is ideal for spectrum auctions where the regulator wants an easy solution for the bidders, and is ideal for small countries selling spectrum that covers the entire country.
Finally, the newest format for spectrum auction is the Combinatorial Clock Auction. It's an extremely complicated auction format that seeks to gain maximum value for the regulators while at the same time providing the fairest allocation to the bidders. Due to its high complexity, we recommend this auction format type only in large countries with several large bidders.