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Tyler Technologies, Inc. - TYL STOCK NEWS

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Tyler Technologies, Inc. (NYSE: TYL) is a prominent provider of comprehensive information management solutions tailored for local government entities. Established in Plano, Texas, Tyler Technologies is on a mission to enhance the efficiency, accessibility, and responsiveness of public sector organizations, including cities, counties, schools, and courts.

With a client base that spans over 14,000 local government offices across all 50 states, Canada, the Caribbean, the United Kingdom, and other international locations, Tyler Technologies is at the forefront of empowering public administration. The company’s flagship products include:

  • Munis: Tyler’s core Enterprise Resource Planning (ERP) system designed to integrate various administrative operations and enhance financial management.
  • Odyssey: A robust Court Management System (CMS) that streamlines judicial processes and improves case management efficiency.
  • Payments: A versatile platform facilitating seamless financial transactions and payment processing.

Beyond these core offerings, Tyler Technologies provides a diverse array of add-on modules and outsourced services, such as property tax assessment, to meet the unique needs of its clients. The company's dedication to innovation and consistent performance has earned it a spot on Forbes' list of “America’s Best Small Companies” eight times and inclusion in the Barron's 400 Index, recognizing the most promising companies in America, six times.

Tyler Technologies continues to drive advancements in public sector software, forming strategic partnerships and undertaking significant projects to modernize government operations. The company's solutions are designed to foster transparency, improve citizen engagement, and support the evolving demands of governmental bodies. For the latest updates, financial performance, and news about Tyler Technologies, visit their official website at www.tylertech.com.

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Tyler Technologies (NYSE: TYL) has signed an agreement with the Arkansas Department of Labor and Licensing (ADLL) to implement its Augmented Field Operations platform. This solution will provide ADLL with an enterprise view of inspections across eleven agencies, utilizing AI tools and automation to enhance inspector efficiency and reduce travel costs through scheduling and route optimization.

The new system will integrate with ADLL's existing Tyler licensing solution, accelerating the department's transformation efforts and eliminating labor-intensive processes. By implementing the solution in the cloud, powered by Amazon Web Services (AWS), ADLL can leverage enhanced security and reliability. The platform is expected to increase operational efficiencies, provide data-rich visualizations for informed decision-making, improve customer responsiveness, and offer a user-friendly interface to promote productivity.

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Tyler Technologies (NYSE: TYL) has announced significant client migrations from its legacy ICOMPLAINTS to the Application Platform-based EEO Case Management software. Several federal agencies, including U.S. Health and Human Services, Defense Threat Reduction Agency, United States Army, National Geospatial-Intelligence Agency, U.S. Government Accountability Office, and U.S. Social Security Administration, have migrated to this new software in 2024.

The EEO Case Management software helps agencies comply with evolving federal labor laws and generate the mandated Form 462 annual report. It also adds new functionality to support changing needs, improve efficiency, and enhance transparency in EEO processes. Tyler's solutions process approximately 80% of federal EEO claims, reflecting the company's strong position in the market.

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Tyler Technologies (NYSE: TYL) has signed an agreement with Lewis County, Washington, to implement its Enterprise Assessment & Tax solution. This comprehensive system will replace a 30-year-old legacy solution, streamlining tasks for the county's assessor and treasurer offices. The new cloud-based solution, powered by Amazon Web Services (AWS), will analyze data to create fair property valuations and enhance transparency for the county's 86,000 residents.

Key benefits include:

  • Improved efficiency and reduced data re-entry
  • Enhanced public-facing portal for online interactions
  • Expanded services accessible via smartphones and laptops
This implementation marks a significant upgrade for Lewis County, integrating previously separate systems for assessment and tax management.

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Tyler Technologies (NYSE: TYL) has been awarded a three-year contract by the state of New Jersey for digital government solutions. This extends their 15-year relationship and includes an option for two additional years. The contract aims to streamline processes and deliver essential services digitally, enhancing efficiency for staff and accessibility for residents.

Key services include:

  • Business filings and certifications
  • Tax filings including free solutions for 1040 and corporate taxes
  • Appointment scheduling for various agencies
  • State police background checks and firearm-related services

Tyler supports over 3,000 agencies and 50 government services across New Jersey, streamlining operations since 2009. The company has also extended its credit card processing services contract for an additional year.

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Envisio and Tyler Technologies (NYSE: TYL) have announced a strategic partnership to transform local government budgeting and improve community outcomes. The collaboration aims to embed strategic priorities into the budgeting process and track priority-based budgeting (PBB) results. This partnership aligns with the Rethinking Budgeting initiative by the Government Finance Officers Association (GFOA).

Key points:

  • Tyler will act as a reseller of Envisio in combination with its Priority Based Budgeting solution
  • The partnership connects Tyler's PBB program with Envisio's strategic plan and performance management tools
  • This collaboration offers a complete solution for local governments to align resources with strategic priorities and increase transparency
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Tyler Technologies (NYSE: TYL) has announced that the Idaho Supreme Court (ISC) has successfully transitioned its Enterprise Case Manager from an on-premises deployment to Tyler's cloud-based SaaS offering, hosted on AWS GovCloud (US). The migration, completed in just four months, covers 44 counties and 200 courtrooms across Idaho. This transition brings several benefits to the ISC, including:

1. Elimination of server management and backup responsibilities
2. Increased focus on mission-critical operations
3. Enhanced protection against disasters and security threats
4. Improved efficiency and reliability for end users

The ISC is Tyler's first statewide partner to complete this deployment transition, setting a precedent for other statewide court systems.

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Tyler Technologies (NYSE: TYL) has been named to Newsweek's "America's Greatest Workplaces for Parents & Families 2024" list, marking its first recognition in this category. The award highlights companies that prioritize the needs of working parents and create supportive environments for work-life balance.

The selection process involved analyzing public data, interviewing HR professionals, and surveying over 113,000 parents employed by large companies. The study, representing one of the largest independent assessments of employee experiences in the US, collected more than 693,000 company reviews.

Tyler Technologies, an S&P 500 company, is a leading provider of integrated software and technology services for the public sector. With over 44,000 successful installations across 13,000 locations globally, Tyler has been recognized multiple times for growth and innovation.

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Tyler Technologies (NYSE: TYL) has been named to Forbes' America's Best Employers for Women 2024 list for the first time. The recognition is based on a survey of over 150,000 women, public evaluations, and diversity among top executives and boards. Tyler's inclusion highlights its commitment to fostering an inclusive environment, particularly through initiatives like the Women's Leadership Network.

CEO Lynn Moore emphasized the importance of inclusion as one of Tyler's core values. The company's efforts to empower women in the traditionally male-dominated tech industry were noted by Abby Diaz, chief legal officer. Tyler, a leading provider of integrated software and technology services for the public sector, was one of 600 companies selected for this designation across various industries.

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Tyler Technologies (NYSE: TYL) has announced its participation in five investor conferences during August and September 2024. These events include:

  • Northcoast Research Virtual Fall Management Forum on Aug. 7
  • Oppenheimer Technology, Internet & Communications Virtual Conference on Aug. 12
  • Citi Global TMT Conference on Sept. 4 in New York
  • Piper Sandler Growth Frontiers Conference on Sept. 10 in Nashville
  • Goldman Sachs Communacopia & Technology Conference on Sept. 11 in San Francisco

Brian Miller, executive vice president and CFO, will represent Tyler Technologies at these conferences. Live webcasts of fireside chats will be available on the company's investor relations website.

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Tyler Technologies (NYSE: TYL) has partnered with the North Dakota Parks & Recreation Department to enhance visitor experiences through advanced technology. The collaboration introduces a cloud-based reservation software powered by Amazon Web Services, enabling seamless online services for over one million annual park visitors. The new system allows visitors to purchase gift cards, permits, and book various accommodations year-round.

Later this summer, the platform will expand to include online reservations for rental equipment and boats. Additionally, Tyler and North Dakota Parks & Recreation have partnered with OuterSpatial to offer a free mobile app, providing access to over 2,200 miles of statewide trails, hiking challenges, event information, and an interactive social platform. This technology aims to streamline operations, improve customer service, and provide park officials with valuable data and insights.

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FAQ

What is the current stock price of Tyler Technologies (TYL)?

The current stock price of Tyler Technologies (TYL) is $601.14 as of November 20, 2024.

What is the market cap of Tyler Technologies (TYL)?

The market cap of Tyler Technologies (TYL) is approximately 25.7B.

What does Tyler Technologies, Inc. do?

Tyler Technologies provides information management solutions and services for local governments, including software for cities, counties, schools, and courts.

Where is Tyler Technologies headquartered?

Tyler Technologies is headquartered in Plano, Texas.

What are the core products of Tyler Technologies?

The core products of Tyler Technologies include Munis (an ERP system), Odyssey (a court management system), and a payments platform.

How many clients does Tyler Technologies have?

Tyler Technologies serves over 14,000 local government offices across various regions including the United States, Canada, the Caribbean, and the United Kingdom.

Has Tyler Technologies received any notable recognition?

Yes, Tyler Technologies has been named one of 'America’s Best Small Companies' by Forbes eight times and has been included in the Barron’s 400 Index six times.

What additional services does Tyler Technologies offer?

In addition to its core software solutions, Tyler Technologies offers add-on modules and outsourced property tax assessment services.

Is Tyler Technologies an equal opportunity employer?

Yes, Tyler Technologies is an equal opportunity employer, providing consideration to all qualified applicants without regard to race, creed, gender/sex, marital status, or sexual orientation.

How does Tyler Technologies impact local governments?

Tyler Technologies enhances the efficiency, accessibility, and responsiveness of local governments through its software solutions, improving operations and citizen engagement.

Where can I find more information about Tyler Technologies?

More information about Tyler Technologies can be found on their official website at www.tylertech.com.

Tyler Technologies, Inc.

NYSE:TYL

TYL Rankings

TYL Stock Data

25.66B
42.57M
0.53%
93.65%
1.3%
Software - Application
Services-prepackaged Software
Link
United States of America
PLANO