Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 

MarketScreener Homepage  >  Equities  >  Nyse  >  Tyler Technologies, Inc.    TYL


News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Tyler Technologies : Celebrates One Year of Advancement Toward Evidence-Based Policymaking

share with twitter share with LinkedIn share with facebook
share via e-mail
01/21/2020 | 09:18am EST

Tyler’s Socrata solution helps federal, state, and local agencies improve data sharing

Tyler Technologies, Inc. (NYSE: TYL), the largest software company in North America solely focused on providing integrated software and technology services to the public sector, celebrates the first anniversary of the Foundations for Evidence-Based Policymaking Act.

This legislation provides official guidance for drafting and implementing comprehensive data strategies at the federal level.

“As a technology company trusted by thousands of clients and millions of people, we believe it is important for governments to collaborate, innovate, and modernize how they use data,” said Tyler Chief Strategy Officer Jeff Puckett. “In the past year, we’ve seen agencies make significant progress in hiring chief data officers, adopting rules to govern the use of data, and breaking down the silos that prevented information and insights from being shared.”

Data sharing and collaboration help governments create meaningful outcomes for the public they serve. For example, in addressing systemic challenges such as the opioid crisis, recidivism, or workforce development, government leaders can tap into their data to develop effective solutions, measure whether they work, and widely scale those that are proven for cost-effective outcomes.

Since 2009, Tyler’s Socrata® solution has enabled government agencies to publish and share data with the public in open formats with the Socrata Open Data API. Successful Socrata Open Data clients include

  • U.S. Department of Transportation, which uses the Socrata platform to share state crash data, enabling access to data from intelligent transportation systems technologies, and driving data-informed policy-making
  • U.S. Department of Commerce, which uses the Socrata performance application to share detailed datasets, data stories, visualizations, and dashboards on how it is helping the American economy grow
  • Centers for Medicare and Medicaid Services, which uses Socrata data visualization tools to identify areas of disparities between subgroups of Medicare beneficiaries in health outcomes, utilization, and spending. These insights are used by stakeholders to inform policy decisions, target populations or geographic areas for interventions, and understand racial and ethnic differences in health outcomes.

Over the past year, many federal agencies chose Tyler to support their work in improving statistical analysis, standardizing data available to the public, and supporting evidence-based policymaking. The Socrata solution helps agencies enable compliance with this law and helps them unlock the full potential of their information resources.

“Federal agencies, especially, need tools to work together across jurisdictions, share information, and integrate workflows,” Puckett said. “We want to help open the door for federal agencies to connect to organizations on the state and local levels and with their constituents like never before.”

“You see federal agencies improving data access and designing programs that target outcomes with data,” said Franklin Williams, president of Tyler’s Data & Insights Division. “All this effort helps government make smart decisions about every dollar it spends, while improving collaboration and spurring innovation.”

Socrata, Tyler’s flagship data and insights solution, provides easy-to-deploy and FedRAMP-accredited cloud technology to unlock siloed government data and put it at the heart of every government program. Socrata’s proven and rigorous success methodology, combined with experienced domain experts in Washington, D.C., will help federal agencies evolve quickly from compliance with the law to making data a central component of every government program. All this is possible while creating a sustainable open architecture for their data sharing and analytics efforts.

About Tyler Technologies, Inc.

Tyler Technologies (NYSE: TYL) provides integrated software and technology services to the public sector. Tyler’s end-to-end solutions empower local, state, and federal government entities to operate more efficiently and connect more transparently with their constituents and with each other. By connecting data and processes across disparate systems, Tyler’s solutions are transforming how clients gain actionable insights that solve problems in their communities. Tyler has more than 26,000 successful installations across more than 10,000 sites, with clients in all 50 states, Canada, the Caribbean, Australia, and other international locations. A financially strong company, Tyler has achieved double-digit revenue growth every quarter since 2012. It was also named to Forbes’ “Best Midsize Employers” list in 2019 and recognized twice on its “Most Innovative Growth Companies” list. More information about Tyler Technologies, headquartered in Plano, Texas, can be found at tylertech.com.

© Business Wire 2020
share with twitter share with LinkedIn share with facebook
share via e-mail
02/18TYLER TECHNOLOGIES : New Mexico Enhances Data Program with Tyler Technologies' S..
02/12TYLER TECHNOLOGIES : 4Q Earnings Snapshot
02/12TYLER TECHNOLOGIES INC : Results of Operations and Financial Condition (form 8-K..
02/12TYLER TECHNOLOGIES : Reports Earnings for Fourth Quarter 2019
02/11TYLER TECHNOLOGIES : Signs Statewide Agreement with North Carolina for eCitation..
02/10TYLER TECHNOLOGIES : to Participate in February and March Investor Conferences
02/07TYLER TECHNOLOGIES, INC. : annual earnings release
02/04TYLER TECHNOLOGIES : Named to Forbes Best Employers for Diversity List for 2020
01/31'FROST ON TOP OF SNOWFALL' : Virus piles pressure on China's industrial machine
01/28TYLER TECHNOLOGIES : Schedules Fourth Quarter 2019 Earnings Conference Call and ..
More news
Financials (USD)
Sales 2020 1 213 M
EBIT 2020 302 M
Net income 2020 158 M
Debt 2020 -
Yield 2020 -
P/E ratio 2020 87,6x
P/E ratio 2021 74,1x
Capi. / Sales2020 10,7x
Capi. / Sales2021 9,78x
Capitalization 12 979 M
Duration : Period :
Tyler Technologies, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TYLER TECHNOLOGIES, INC.
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 12
Average target price 339,70  $
Last Close Price 332,92  $
Spread / Highest target 14,1%
Spread / Average Target 2,04%
Spread / Lowest Target -14,4%
EPS Revisions
H. Lynn Moore President, Chief Executive Officer & Director
John S. Marr Executive Chairman
Brian K. Miller Chief Financial Officer, Treasurer & EVP
Matthew B. Bieri Chief Information Officer
Jeff Green Chief Technology Officer
Sector and Competitors
1st jan.Capitalization (M$)
SPLUNK INC.15.19%26 964
SYNOPSYS17.35%24 525
SEA LIMITED23.92%23 088