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NextLot's legacy platform is experiencing performance degradation due to significant increases in traffic and usage. This is manifested in server overload during auction closing times, webcast timeouts, and transactional failures. The existing bidding interface is outdated, slow, and lacks real-time capabilities, hindering the user experience and impacting auction efficiency. The platform's infrastructure is not adequately scalable to support future growth and peak loads.
NextLot is an online auction software company providing a platform for timed online and live webcast auctions. They serve auctioneers, facilitating the sale of various lots and managing auction processes.
Successful completion of this project will enable NextLot to handle significantly increased auction volume and traffic without performance degradation. The improved user experience will lead to higher auction participation and increased sales. The scalable infrastructure will support future growth and expansion, solidifying NextLot's position as a leading online auction software provider. Reduced downtime and improved performance will enhance customer satisfaction and reduce operational costs.