Tyler Technologies Strengths, Domain Expertise, and Key Differentiators
Tyler Technologies is a provider of ERP and add-on solutions for the public sector with a special focus on local governments. Increasingly public sector organizations are leveraging Tyler for software-as-a-service applications to improve public access to government information. The vendor operates in two segments: Enterprise Software Solutions (ESS) and Appraisal and Tax Software Solutions and Services (ATSS).
ESS segment provides municipal, county, and state governments and schools with software systems for their back-office functions such as financial management and courts and justice processes.
ATSS provides systems and software that automate the appraisal and assessment of real and personal property, as well as property appraisal outsourcing services for local governments and taxing authorities.
In October 2019, Tyler announced a strategic collaboration agreement with Amazon Web Services (AWS) for cloud hosting services. This collaboration will enable Tyler public sector clients to deliver better experiences for citizens, and further enable governments to use data as a strategic asset in the design, management, and delivery of programs.
Tyler Technologies Recent Developments
In October 2019, Tyler Technologies acquired Courthouse Technologies, an industry-leading provider of jury management systems. CHT will complement and elevate Tyler's software offerings for domestic and international court clients. The acquisition of Courthouse Technologies strengthens Tyler's courts and justice portfolio to better serve its clients and their communities.
At the beginning of 2019, Tyler Technologies made two more acquisitions. The first one by acquiring MyCivic, a provider of citizen engagement applications. MyCivic will elevate Tyler's current citizen-facing applications by enabling clients to provide a single app for citizens to interact with their local government in multiple ways.
The second acquired company is MicroPact from Arlington Capital Partners. The decision to acquire MicroPact is in line with Tyler Technologies' long-term strategy to add products that complement its current offerings and will support its goals for long-term growth.
Tyler Technologies Mergers and Acquisitions (M&A) Activities
In December 2018, Tyler Technologies acquired SceneDoc, a company that provides mobile-first, software-as-a-service (SaaS) field reporting for law enforcement agencies.
Earlier in Oktober Tyler acquired MobileEyes, a company that develops software to improve public safety by supporting fire prevention and suppression, emergency response, and structural safety.
Tyler Technologies Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Tyler Technologies applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Tyler Technologies and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified New World, Odyssey and Muni ERP, Odyssey File and Serve, Orion SmartFile, iasWorld, CLT Appraisal customers.
Tyler Technologies Overview
Ownership: - TYL : NYSE
Number of Employees: 5000
Tyler Technologies Key Enterprise and Cloud Applications
New World, Odyssey and Muni ERP, Odyssey File and Serve, Orion SmartFile, iasWorld, CLT Appraisal
Tyler Technologies Revenues, $M:
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* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Tyler Technologies Revenue Breakdown By Type, $M:
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Tyler Technologies Enterprise Applications Revenues By Functional Markets, $M:
Tyler Technologies Enterprise Applications Revenues By Verticals, $M:
Tyler Technologies Revenues By Region, $M
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Tyler Technologies Direct vs Indirect sales
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Tyler Technologies Customers - Breakdown by Geo, Size, Vertical and Product
No. of Tyler Technologies Customers: 21000
No. of Tyler Technologies Enterprise Applications Customers: 21000
No. of Tyler Technologies Cloud Customers: 8000
No. of Tyler Technologies Cloud Subscribers: 55000
Tyler has more than 21,000 successful installations across 10,000 sites, with clients in all 50 states, Canada, the Caribbean, Australia, and other international locations.
Among Tyler Technologies customer are Glenville, New York; Virginia's Spotsylvania County Public Schools; Texas' Alvin Independent School District; Collin and Galveston, Texas; Portage, Indiana; Washtenaw County, Michigan; Clarion County, Pennsylvania; State of Nevada; Walnut Creek, California; San Juan County, New Mexico, Pasco County Schools in Florida, Charlotte, NC, court systems in Maryland and Oregon, City of Mesquite, Lubbock (Texas), Santa Barbara (California), Maryland's Harford County, Town of Mount Desert, City of Ellsworth, City of Naples, Butler County, Gillette, Wyo., West Contra Costa, Hayward, City of Charlotte, Sioux Falls and others.
New World Systems cloud customers include The City of Elyria, Union County, Pa., The Village of Hanover Park, The City of Andalusia, The City of Macon and Bibb County, The Sweetwater Authority, The City of Huntington, The City of Marietta, The Town of Vail, The City of East Lansing and many others.
Tyler Technologies Market Opportunities, M&A and Geo Expansions
In November 2018, Tyler Technologies has signed an agreement with Bell County, for Tyler's Odyssey Case Manager solution. All courts in Bell County will use the solution to build workflow, automate processes, and support pre-trial office procedures. Bell County's previous case management solution had been in place for more than 25 years but was not able to keep up with the evolving needs of the county's staff or its constituents. After an extensive evaluation of multiple vendors and meetings with several neighboring clients, Bell County ultimately selected Tyler to provide its Odyssey solution.
The same period 2018, Tyler Technologies has signed an agreement with Loudoun County, for Tyler's EnerGov civic services solution.
The county will replace its 20-year-old legacy land management information system with the EnerGov Community Development suite to streamline and automate its enterprise land management, permitting, and development review process.
In August 2018, Tyler acquired CaseloadPRO, a company that provides a fully-featured probation case management system.
In April Tyler Technologies acquired Sage, a cybersecurity company offering a suite of services that supports an entire cybersecurity lifecycle.
Tyler Technologies Risks and Challenges
Tyler Technologies migration to the Cloud is ongoing as it seeks to reduce its dependence on on-premise systems, while helping its partners drive more services revenues through Cloud delivery.
Tyler Technologies Ecosystem, Partners, Resellers and SI
Tyler market its products and services through direct sales and marketing personnel located throughout the United States.
Tyler Technologies Cloud Infrastructure Insights
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Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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