The Best Auction Software For The Most Important Auctions In The World

  • Spectrum Auctions

    SPECTRUM AUCTIONS

    Optimal Auctions has become the world leader in implementing spectrum auction software. We've completed radio spectrum auctions in over a dozen countries with some auctions generating over $1,000,000,000 in revenue.

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  • Round Diamond Auctions

    ROUGH DIAMOND AUCTIONS

    We are at the forefront of the revolution in the diamond industry, pioneering the use of auction software and advanced auction design to help Rio Tinto Diamonds sell their rough diamonds into the market. 10% of the world's diamond supply is now priced using Optimal Auctions' auction software!

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  • Power Auctions

    POWER AUCTIONS

    Around the world, electric power industries are being restructured to substitute competition for regulation. Governmental agencies and companies have chosen us to design, host, and administer energy power auctions, enabling significant savings for them by creating a more competitive electricity market.

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  • Clean Energy Auctions

    CLEAN ENERGY AUCTIONS

    The recent growing interest in earth-friendly energy has also driven a socially-conscious secondary market. Part of these secondary markets are the transfer of Solar Renewable Energy Credits (SREC), which companies can use to offset the cost of consuming carbon-releasing energy sources.

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  • Commodity Auctions

    COMMODITY AUCTIONS

    The market has well established prices for commodities like gold and silver, but how do you properly price commodities that don't trade very often, commodities like molybdenum, yttrium, lanthanum, europium, and erbium?

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OUR SOFTWARE IS TRUSTED BY

Singapore
Rio Tinto
Sweden
Mexico
Telefonica
World Bank

ABOUT US

Since 1998, Optimal Auctions has provided enterprise-level high-stakes auctions to national governments, state agencies, and private corportions, helping them price and sell hard-to-value assets. We provide our clients a complete end-to-end auction solution: academic experts in auction design and auction theory as consultants to ensure the best designed auctions, software developers, who are industry recognized for their excellence in user interface design and security, and finally a software product that is recognized around the world as the best auction software available today.

  • OVER $150 BILLION IN CRITICAL AUCTIONS

    Our auction team has unmatched experience designing enterprise auctions. We collaborate with industry-specific experts in many functional areas including finance, valuation, competition analysis, public policy, market analyses, regulation, and business goal assessment.

  • TOP EXPERTS IN AUCTIONS & TECHNOLOGY

    Our team has dozens of years of experience working with government entities and private corporations. Every team member has spent time in a Fortune 50 company in the past, including IBM and Citi, and all of them have attended the finest colleges in the United States. Our team members hold advanced degrees and PhD's in auction theory and finance.

  • THE COMPLETE AUCTION SOLUTION

    We help you design the best auction to sell your products, we customize our software to meet those auction rules exactly, and we take charge of hosting the entire auction on our technology infrastructure. We have every aspect of running an auction covered - economics, auction theory, software development, and server hardware.

  • LOOKING FOR MORE INFORMATION?

    Send us a message about your auction needs and we'll call you back with a quote.

RECENT PROJECTS

Here are a few of the recent projects we have completed for our clients.

WHY CHOOSE OUR SOFTWARE

Optimal Auctions is the world leader in providing enterprise level auction software and expert auction design consulting. We combine the best and brightest software developers we can find with leading experts in auction theory from the top universities around the world. Our strength is our complete auction solution. Many of our competitors are merely consulting companies, with a poor software product that's an afterthought to their business. When you choose Optimal Auctions, you are choosing first and foremost a software company with the best product in the industry.

  • SIMPLICITY

    When you work with our team of economists and software experts, you know you will receive the best solution for your auction needs. We understand that we are here for you. Often times we hear comments about the confusing and difficult auctions designed by our competitors, and have to question: are they designing the auction that is best for you, or are they designing the auction that is best for their next research paper?

  • CONSISTENCY

    You need to know that your mission-critical auction will run successfully 100.000% of the time. This is why you absolutely must choose an established auction software provider. There's peace of mind knowing that you are running the exact same software that has already run dozens of auctions successfully. Would you feel safe with a small start-up, when everything is on the line for you?

  • ADAPTABILITY

    Our software is designed to be highly scalable and to meet the demands of any auction, no matter the auction format or the products being sold. The software is able to handle auctions with thousands of products, and tens of thousands of bidders. We've seen our competitors' software and know they can't come anywhere close to what we can give you.

  • "I have used Optimal Auctions' software for dozens of auctions over the last decade. It is best in class in terms of security, reliability and ease of use, but where it really stands out from competitors is in terms of flexibility to accommodate various auction formats. This is a testament to the software platform as well as the team behind it."

    SOREN SORENSEN
    ASSOCIATE DIRECTOR - NERA, INC.
  • "The new auction platform complements our existing business model of placing a majority of our production through Supply Agreements, with a more limited proportion of production made available for sale to a wider selection of customers. The design of the platform is based on extensive customer feedback, which clearly stated that our customers would value a user-friendly and time-efficient system."

    PATRICK COPPENS
    GENERAL MANAGER OF SALES - RIO TINTO DIAMONDS
  • "Optimal Auction's software is easy to use and highly adaptable to any conceivable auction format for allocating spectrum. We particularly value the flexibility of the Optimal Auctions team to make adjustments to the software at short notice in response to the changing needs of our clients."

    RICHARD MARSDEN
    VICE PRESIDENT - NERA INC.
  • "The fact that the auction results mean that the majority of New Jersey's residential customers will pay less is good news. I commend President Fox and the NJ Board of Public Utilities for continuing to support my administration's goal to put the needs of New Jersey's families first."

    JAMES E MCGREEVEY
    GOVERNOR OF NEW JERSEY
  • 704 Clear Spring Cove
    Suite 9
    Round Rock, TX 78665

Who We Are

We are responsible for a wide range of auctions for national governments and private corporations - everything from pricing 10% of the world's diamond supply to billions of dollars worth of electricity in for states in the United States.

When you are running the most important auctions in the world you have to choose the best auction software provider in the world, Optimal Auctions.

Our Software Provides
  • Multiple Auction Formats
  • Bank-Level Security
  • Beautiful User Interface
  • 100% Reliability
  • Blazing Performance
  • Massive Scalability
  • Total Auditability
  • Complete Test Coverage
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