(TYL) Tyler Technologies - Ratings and Ratios

Tyler Technologies, Inc. (NYSE:TYL) is a leading provider of integrated software and technology solutions tailored for the public sector, addressing the unique needs of local, state, and federal governments. The companys offerings span a broad spectrum of public services, including public administration, courts and justice, public safety, education, and health and human services. Its solutions are designed to enhance operational efficiency, transparency, and citizen engagement through advanced digital transformation.

The company operates through two primary segments: Enterprise Software and Platform Technologies. The Enterprise Software segment focuses on delivering specialized software solutions for public administration, including functions such as permitting, licensing, and tax management. The Platform Technologies segment emphasizes cloud-based platforms and transformative technologies, encompassing areas like cybersecurity, data analytics, and digital payment solutions. This dual approach allows Tyler Technologies to provide comprehensive, end-to-end solutions that cater to the diverse needs of government agencies.

Tyler Technologies has established itself as a trusted partner for over 15,000 government agencies across North America. Its extensive suite of products includes software for court case management, law enforcement records, property tax assessment, and school district administration. The companys commitment to innovation is evident in its cloud-based solutions, which leverage modern technologies to drive efficiency and reduce costs for public sector entities. Strategic collaborations, such as its partnership with Amazon Web Services (AWS) for cloud hosting, further underscore its dedication to delivering scalable and secure solutions.

Tyler Technologies, Inc. was founded in 1966 and is headquartered in Plano, Texas. With a market capitalization exceeding $24 billion, the company is a significant player in the application software industry, consistently demonstrating its ability to adapt to evolving technological and regulatory landscapes. Its focus on long-term client relationships and continuous product innovation positions it as a leader in the public sector software market.