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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 inaugurated a new manufacturing facility in Kingston Springs, Tennessee, to support its Enterprise Corrections software suite.

The new facility, spanning 21,000 sq. ft., will significantly expedite the production of proprietary hardware such as correctional-grade kiosks, tablets, and mobile devices, reducing the manufacturing cycle from six weeks to just three days.

This expansion is expected to double the company's current production capacity and facilitate the servicing of over 19,000 already-deployed devices across more than 500 correctional facilities in 32 states and the Caribbean.

The environmentally friendly facility uses recycled materials and recycles old kiosks, contributing to a reduced environmental footprint. Tyler's solutions aim to enhance financial and communications management in correctional facilities, benefiting both staff and incarcerated individuals.

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Tyler Technologies (NYSE: TYL), in collaboration with Champ Titles and the New Jersey Motor Vehicle Commission, has introduced an electronic lien and title service for vehicle titling in New Jersey. The initiative is driven by new legislation and aims to enhance efficiency, reduce costs, minimize fraud risks, and decrease environmental impact by eliminating paper processes. New Jersey is the third state to adopt this solution, following West Virginia and Kentucky. The new system, which formally piloted in January, enables real-time communication between lienholders and the Motor Vehicle Commission, streamlining the titling and registration process.

The service is expected to significantly reduce processing times and save over 20 million pieces of paper annually in New Jersey. Future phases will include eTitling for vehicle retailers. Tyler Technologies has more than 44,000 successful installations and clients across various regions, recognized for its growth and innovation in the public sector.

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Tyler Technologies (NYSE: TYL) has announced the successful implementation of its Civil Process solution at the Philadelphia Sheriff's Office. This move enhances efficiency in civil processes, warrant service, and inter-departmental communication. The solution integrates real estate data and financial management, featuring over 300 customizable reports and secure multi-factor authentication. It is hosted on AWS, providing flexibility and security. Sheriff Rochelle Bilal and Undersheriff Tariq El-Shabazz highlighted the partnership's role in modernizing infrastructure and improving public service delivery. The suite includes applications like Civil Serve and Civil Mobile, which enhance data tracking, real-time updates, and officer safety.

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Tyler Technologies (NYSE: TYL) has expanded its Tyler Insurance Filings solution to include cloud fax capabilities for Montana, Nevada, Rhode Island, and West Virginia. This brings the total to 27 states using the service. The new feature offers greater efficiency, accessibility, and compliance ease for insurance companies by allowing them to submit forms online without traditional fax machines. The service is available at no extra cost, integrated into existing workflows, and provides centralized reporting features for tracking and historical data access.

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Tyler Technologies (NYSE: TYL) will attend two investor conferences in June 2024. Brian Miller, the company's EVP and CFO, will represent Tyler Technologies at both events. The first conference is the Baird Global Consumer, Technology & Services Conference on June 5 at 8:30 a.m. ET in New York. The second is the William Blair Annual Growth Stock Conference on June 6 at 8:40 a.m. CT in Chicago. Both events will feature live webcasts available on Tyler's investor relations website. Tyler Technologies provides integrated software and technology services to the public sector, with over 44,000 installations in 13,000 locations worldwide. The company is recognized for growth and innovation, including being part of the GovTech 100 list.

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Tyler Technologies (NYSE: TYL) has announced the winners of its 2024 Public Sector Excellence Awards at the Tyler Connect user conference in Indianapolis, Indiana. This year, 29 public sector clients were recognized for their leadership, innovation, and excellence in implementing Tyler solutions within their jurisdictions. The event, which marks the 15th year of the award program, saw more than 5,000 clients in attendance and featured over 650 classes and training sessions.

The winners were evaluated in five categories: Civic Interaction & Public Trust, Connected Community, Data & Transparency, Operational Efficiency, and Performance & Innovation. The awards highlight Tyler's commitment to enhancing public sector service through technology.

Tyler Technologies, headquartered in Plano, Texas, is a leading provider of integrated software and technology services for the public sector, with over 44,000 installations globally.

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Tyler Technologies has implemented its payment and deposit solutions for the Florida Department of Corrections (FDC), modernizing key financial services across 128 facilities. This initiative enhances disbursement services, supports court-ordered payments, and provides additional resources to inmates, aiming to reduce recidivism. The project, powered by Amazon Web Services, allows easy fund transfers to inmates via various channels like mobile apps and online platforms. Upon release, inmates can access funds through prepaid debit cards. The solutions also facilitate better reentry support by connecting inmates with local organizations. This partnership underscores Florida's commitment to advancing its correctional system with innovative technologies.

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Tyler Technologies, Inc. (NYSE: TYL) secures an agreement with Evanston Police Department, Illinois, to provide its Enterprise Public Safety suite. This cloud-hosted solution will enhance dispatch response and data-sharing, improving service quality. The suite includes various applications like Enhanced 911 functionality, comprehensive records management system, and streamlined ticketing process. Tyler's solutions aim to boost department efficiency and elevate community service.

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Tyler Technologies, Inc. (NYSE: TYL) announced the winners of its annual Maine App Challenge, offering Maine high school students a chance to build mobile apps. The company awarded $100,000 in college scholarships since the program's inception. The winning teams received scholarships totaling $10,000 in 529 college savings plans. Tyler collaborated with the University of Maine to provide workshops and courses for students. The contest aims to inspire students to pursue STEM careers and has gifted over $100,000 in scholarships. Tyler Technologies is a leading provider of software and technology services for the public sector.

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Tyler Technologies, Inc. (TYL) has reported its first-quarter 2024 financial results, with a conference call scheduled for April 25, 2024, to discuss the performance.
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FAQ

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

The current stock price of Tyler Technologies (TYL) is $605.42 as of December 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

25.65B
42.57M
0.53%
93.64%
1.61%
Software - Application
Services-prepackaged Software
Link
United States of America
PLANO