Tyler Technologies Recent Developments
Acquired New World for public safety apps for $670 million in October 2015.
Tyler Technologies Overview
Ownership: Public - TYL : NYSE
Employees: 3600
Functional Market: Core HR, Payroll, ,
Key Verticals: Education, Government, ,
Tyler Technologies Key Cloud & HCM Applications
New World, Odyssey and Muni ERP, Odyssey File and Serve, Orion SmartFile, iasWorld, CLT Appraisal
SCORES Analysis
Tyler Technologies Strengths
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 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.
Tyler’s domain expertise resulted in a partnership with Microsoft to develop core public sector functionality for Microsoft Dynamics AX. That agreement first signed in 2007 will expire with the release of AX 7, which is expected to go general availability in late 2015.
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- Key differentiators
- Domain Expertise
- Product portfolio
- Solution scope
Tyler Technologies HCM & Cloud HCM Applications Revenues, $M:
| Type/Year | 2015 | 2016 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| HCM Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud HCM Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** 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 2016 Revenue Breakdown by Type:
| Type | License | Services | Hardware | Support & Maintenance | SaaS |
|---|---|---|---|---|---|
| % of Total Revenues | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
Tyler Technologies 2016 HCM Applications Revenues By Sub-Functional Markets, $M:
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Split by Sub-Functional Markets
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2016 HCM Revenues, By Sub-Functional Markets, $M
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Tyler Technologies 2016 HCM Applications Revenues By Verticals, $M:
Tyler Technologies 2016 Total & HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2016 Total Revenues, $M | 2016 HCM Applications Revenues, $M |
|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe |
Tyler Technologies Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Tyler Technologies Customers
No. of Customers: Subscribe
No. of HCM Applications Customers: Subscribe
No. of Cloud HCM Customers: Subscribe
No. of Cloud HCM Subscribers: Subscribe
Don't Miss our Customer Database
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- Reference wins across regions
- Customer Size segments
- Customer wins momentum
Tyler Technologies Opportunities
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- Market Opportunities at the vertical and subvertical levels
- Mergers and Acquisitions (M&A), Funding
- Geo Expansions
Tyler Technologies Risks
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- Ability to handle internal and external risk and challenges
Tyler Technologies Ecosystem
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- Health of ecosystem
- Network Effects of BPO, ISV, SI
- VAR Partners
- Direct vs Indirect sales
Tyler Technologies Cloud Platform (PaaS) & Infrastructure (IaaS) Details
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- Cloud Infrastructure (IaaS)
- Cloud Platform (PaaS)
- Cloud Application delivery (SaaS)
- Data Center (Hosting)
Research Methodology
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).
For additional information on our methodologies, here's the link:
https://www.appsruntheworld.com/https://www.appsruntheworld.com/offerings
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