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System and method for automated auctioning of web services

  • US 20080154796A1
  • Filed: 12/04/2007
  • Published: 06/26/2008
  • Est. Priority Date: 04/11/2002
  • Status: Active Grant
First Claim
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1. A method of providing automated auctioning of a web service at a customer'"'"'s side, comprising:

  • receiving a list of a plurality of web service providers matching a requested profile of a required web service.issuing a first bid request to each entry on the list;

    collecting bids from the web service providers based on the first bid request;

    assessing the bids according to customer needs to create bid assessment scores;

    performing an iteration utilizing a best bid assessment score from all scores as a reference, the iteration being performed with a second bid request; and

    determining whether the web service is to be employed, wherein the customer accepts a bid if the best bid assessment score has not improved since a last iteration, while the customer assembles another bid request to perform another iteration if the best bid assessment score has improved.

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