Company Filing History:
Years Active: 2006
Title: The Innovative Mind of Peter C. Williams: Revolutionizing Online Auctions
Introduction: Peter C. Williams, an accomplished inventor from Santa Cruz, CA, has made significant contributions to the world of online bidding through his patented invention. With a focus on creating efficient systems, Williams has developed technology that enhances the auction experience for both bidders and sellers alike.
Latest Patents: Williams holds a patent for an "Efficient implementation of an auction proxy bid engine." This groundbreaking invention introduces a system and method designed to determine the winners of online auctions that accept proxy bids. Unlike traditional bids, proxy bids do not specify a price but indicate a ceiling price, representing the maximum amount bidders are willing to pay for goods. The innovation allows for sorting bids from highest to lowest, determining winners based on the quantity of goods available. Furthermore, it generates a winning bid price by calculating the lowest bid necessary to win the auction, ensuring a seamless bidding process for participants.
Career Highlights: Peter C. Williams is affiliated with Sun Microsystems, Inc., where he has had the opportunity to work on his patent and contribute to the company's broader mission of creating cutting-edge technology solutions. His work not only reflects his ingenuity but also showcases the importance of innovation within the tech industry.
Collaborations: Throughout his career, Williams has collaborated with talented individuals, such as Ying Xie and Elaine Chien. Their joint efforts have helped advance technological solutions and foster a collaborative environment that encourages creativity and efficient problem-solving.
Conclusion: Peter C. Williams represents an innovative force in the realm of online auctions, with his patented auction proxy bid engine standing as a testament to his capabilities as an inventor. His work at Sun Microsystems, Inc., along with his collaborations with colleagues, illustrates the vital role of inventors in shaping the future of technology and enhancing user experiences. As online auctions continue to grow in popularity, Williams’ contributions will undoubtedly leave a lasting impact.
Inventor’s Patent Attorneys refers to legal professionals with specialized expertise in representing inventors throughout the patent process. These attorneys assist inventors in navigating the complexities of patent law, including filing patent applications, conducting patent searches, and protecting intellectual property rights. They play a crucial role in helping inventors secure patents for their innovative creations.