An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
Tyler Technologies Extends 17-Year Relationship for Digital Government and Payment Solutions in the State of Colorado
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
Tyler Technologies (NYSE: TYL) has announced a contract extension with Colorado's Statewide Internet Portal Authority (SIPA) for one year, continuing their partnership which has lasted 17 years. Tyler's NIC Division currently provides over 1,100 digital government services in Colorado, working with 580 government entities and processing over 8 million transactions. Additionally, Tyler signed a 10-year agreement with the Colorado Department of Regulatory Agencies for various digital solutions. This extension aims to enhance digital service delivery for residents.
Positive
One-year contract extension increases revenue stability with Colorado's SIPA.
Continued provision of over 1,100 digital government services, enhancing client retention.
Recent 10-year agreement with the Colorado Department of Regulatory Agencies boosts long-term revenue potential.
Negative
None.
Award-winning digital government service delivery to continue for Colorado
PLANO, Texas--(BUSINESS WIRE)--
Tyler Technologies, Inc. (NYSE: TYL) today announced that the Colorado Statewide Internet Portal Authority (SIPA), on behalf of the state of Colorado, has signed a contract extension for Tyler’s award-winning digital government and payments services.
The one-year agreement extends the existing 17-year relationship between Colorado’s SIPA and Tyler’s subsidiary, NIC.
In the state of Colorado, Tyler’s NIC Division currently provides more than 1,100 digital government services, working with 580 state and local government entities and securely processing more than 8 million transactions. Among those services is a multi-award-winning content management system hosting more than 400 websites for government partners, including the state’s official website, Colorado.gov.
Additionally, Tyler recently signed a 10-year agreement with the Colorado Department of Regulatory Agencies (DORA), Division of Professions and Occupations, for Tyler’s ETK Regulatory™ solution, its Socrata® insights solution for analytics, its mobile inspection solution, and NIC Payments™, an electronic payment solution.
“The solutions we provide across the state of Colorado create smarter, safer, and stronger communities and meet residents’ growing demand for access to convenient, easy-to-use, and secure digital services,” said Elizabeth Proudfit, president of Tyler’s NIC Division. “We are thrilled to extend this trusted partnership and look forward to continuing to empower state and local governments in Colorado to drive impactful digital transformation.”
About Tyler Technologies and NIC
Acquired by Tyler Technologies (NYSE: TYL) on April 21, 2021, NIC is a leader in digital government solutions and payments, partnering with government to deliver user-friendly digital services that make it easier and more efficient to interact with government. NIC and Tyler are united in their mission to empower public sector entities to operate more efficiently and connect more transparently with their constituents and with each other. Tyler has more than 37,000 successful installations across more than 12,000 locations, with clients in all 50 states, Canada, the Caribbean, Australia, and other international locations. Tyler has been named to Government Technology's GovTech 100 list five times and has been recognized three times on Forbes' "Most Innovative Growth Companies" list. More information about Tyler Technologies, an S&P 500 company headquartered in Plano, Texas, can be found at tylertech.com.
What is the recent contract extension announced by Tyler Technologies?
Tyler Technologies announced a one-year contract extension with the Colorado Statewide Internet Portal Authority to continue providing digital government services.
How long has Tyler Technologies been working with Colorado's SIPA?
Tyler Technologies has been in partnership with Colorado's SIPA for 17 years.
What digital services does Tyler Technologies provide in Colorado?
Tyler provides over 1,100 digital government services, processing over 8 million transactions in Colorado.
What is the significance of the 10-year agreement with the Colorado Department of Regulatory Agencies?
The 10-year agreement allows Tyler Technologies to deliver various digital solutions, promising long-term revenue growth.
