Welcome to our dedicated page for Tyler Technologies news (Ticker: TYL), a resource for investors and traders seeking the latest updates and insights on Tyler Technologies stock.
Tyler Technologies, Inc. (NYSE: TYL) is an S&P 500 software company headquartered in Plano, Texas that focuses on integrated technology services for the public sector. This news page highlights announcements that show how Tyler’s solutions are adopted by government entities, schools, courts, and public safety agencies, as well as updates relevant to investors.
Readers can find coverage of client implementations, such as Midland County Central Dispatch Authority in Michigan deploying Tyler’s cloud-hosted Enterprise Computer Aided Dispatch (CAD) and Enterprise Mobile and Mobility solutions, or the city of Homestead, Florida launching the Enterprise Permitting & Licensing cloud platform and citywide payment processing through Tyler’s payments platform. News also includes agreements like Chesterfield County, Virginia selecting Tyler Payments and Payment Insights as its single payment processing solution across departments.
The feed features product and adoption milestones, including updates on the My Ride K-12 school transportation app and related offerings such as Tyler Drive and Arrival Board, as well as acquisitions that expand Tyler’s capabilities, such as Edulink in the K-12 market and CloudGavel in electronic warrants for courts and public safety.
Investors can follow financial communications such as quarterly results announcements, earnings conference call schedules, and participation in technology and growth conferences. Together, these articles provide a view into Tyler’s role in public sector technology, its client relationships, and its ongoing communication with the investment community. Bookmark this page to access the latest company-issued news and historical press releases related to TYL.
Tyler Technologies (NYSE: TYL) has secured a three-year extension of its payment services contract with Texas, enhancing a 13-year partnership. This agreement integrates Tyler's Data & Insights platform, facilitating advanced analytics for payment processing. Since September 2018, Tyler's NIC Division has processed over 73.5 million transactions worth more than $5.69 billion for the state. The secured services include Level 1 PCI compliance and comprehensive transaction management, streamlining government interactions for over 306 entities in Texas.
Tyler Technologies (NYSE: TYL) announced it will present its first-quarter 2022 results via teleconference on April 28, 2022, starting at 10:00 a.m. ET. The press release with these results will be issued after the market closes on April 27, 2022. The event will be hosted by CEO H. Lynn Moore Jr. and CFO Brian K. Miller. Participants can pre-register for the call or join via dial-in numbers provided for U.S. and international callers. A replay will be available until May 5, 2022.
Tyler Technologies (NYSE: TYL) has signed a five-year agreement with Mississippi to implement its NIC Licensing Solution (NLS) for the state's medical cannabis program. This platform facilitates patient registration, practitioner credentialing, and business licensing, enhancing regulatory efficiency. Tyler currently operates in four states, processing over 1.5 million applications. With over 11 years of service in Mississippi, Tyler’s NIC division continues to support various state agencies, emphasizing its commitment to innovative digital solutions.
Tyler Technologies (NYSE: TYL) released its third annual corporate responsibility report, detailing significant progress in sustainability and diversity efforts. The report highlights the establishment of a DEI Council, a reduction of 22,000 metric tons in carbon footprint, and an employee retention rate of 82%. Tyler ranked in the 93rd percentile on the Dow Jones Sustainability Index North America and engaged with over 2,000 community organizations. Innovations in digital inclusion have been emphasized to enhance access to government services.
Tyler Technologies (NYSE: TYL) has secured a two-year contract extension with the state of Mississippi, solidifying an 11-year partnership through its subsidiary, NIC. NIC provides over 340 digital services to more than 100 government entities in Mississippi, facilitating online transactions exceeding $151 million in 2021 alone. This collaboration has achieved a cost avoidance of over $16.5 million for the state. Mississippi’s government services are recognized nationally, winning 24 awards for their citizen-first approach.
Tyler Technologies has announced a new agreement with the city of Salem and the Willamette Valley Communications Center in Oregon for the implementation of its Enterprise CAD system. This solution will enhance dispatch capabilities for 31 public safety organizations, improving emergency response efficiency. With a transition from their previous vendor due to service discontinuation, the WVCC conducted thorough research before selecting Tyler's technology. The CAD system will facilitate better communication among agencies and provide first responders with real-time data access.
Tyler Technologies (NYSE: TYL) has successfully launched a pilot program of its Enterprise Supervision solution in six Kansas state courts. This initiative marks the first phase of a statewide rollout. The courts have adopted both Enterprise Supervision and Enterprise Justice case management systems, allowing improved tracking of probation processes. Enhanced communication and data management are expected benefits, including faster document generation and streamlined supervision processes. Tyler aims to expand this implementation to more counties soon.
Tyler Technologies (NYSE: TYL) has successfully implemented its Economic Intelligence solution for the state of New Jersey, aiding in economic recovery post-COVID-19. This tool integrates data from partners like SafeGraph and Affinity Solutions to analyze economic trends and support effective allocation of American Rescue Plan Act funds. By anonymizing consumer spending data, it provides comprehensive insights for state leadership, enabling better policy decisions regarding revenue regeneration and job protection. The solution enhances data visibility, crucial for planning economic recovery strategies.
Tyler Technologies (NYSE: TYL) has inked a deal with Johnson County, Kansas, to provide its Sketch and Desktop Verification software for a property appraisal project. The project aims to enhance the accuracy of property valuations through high-resolution imagery provided by Cyclomedia. This collaboration will allow the county to efficiently verify property conditions and increase accessibility to appraisal data through the cloud. Johnson County, the most populous county in Kansas with over 600,000 residents, will utilize this technology to ensure fair property assessments.
Tyler Technologies (NYSE: TYL) has successfully launched its Enforcement Mobile solution in North Carolina, now utilized by 460 law enforcement agencies statewide. This innovative solution generates 23,000 electronic citations weekly, enabling a fully automated citation process. Key benefits include reduced data entry, electronic citation issuance from patrol cars, and immediate data access for court users. Tyler’s system connects various law enforcement agencies, enhancing operational efficiency and service delivery.