Xcira Comments on its Contributions to Auction Technologies

Xcira - April 8, 2014

Auc­tion indus­try tech­nol­o­gy leader Xci­ra released a state­ment on its con­tri­bu­tions to the auc­tion indus­try. Its pio­neer­ing run with inno­va­tion began in 2000 with its first patent that enabled indi­vid­u­als to par­tic­i­pate in live auc­tions from remote loca­tions through inter­net por­tals. Xcira’s solu­tion to chal­lenges faced by bid­ding came through its Auto­mat­ic Con­di­tion Eval­u­a­tion Sys­tem (ACE), which gives remote audi­ences the abil­i­ty to look at and eval­u­ate a vehi­cle from a vari­ety of sources not avail­able on the auc­tion floor; its OnLine Ring­man has been a more recent offer­ing in auc­tion ser­vices with its live audio and video tech­nol­o­gy.

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