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

TYLER TECHNOLOGIES, INC.

(TYL)
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Tyler Technologies : State of New Jersey Demonstrates Financial Transparency with Tyler Technologies' Data Platform

11/17/2020 | 09:19am EST

Statewide website tracks all coronavirus-related federal funding and spending

Tyler Technologies, Inc. (NYSE: TYL) announced today that the state of New Jersey has successfully launched the New Jersey COVID-19 Oversight website, powered by Tyler’s Socrata® data platform. The site provides critical information on the expenditure of federal recovery funds as the state continues to manage the COVID-19 pandemic.

The COVID-19 Oversight website centralizes information for the public on federal funding data and federally funded contracts to assure New Jerseyans that the state is properly managing coronavirus recovery funds. The website tracks the state’s eligible and planned uses of any funds disbursed by the federal or state government to help New Jersey residents, businesses, non-profit organizations, government agencies, and other entities respond to and recover from the COVID-19 pandemic.

In addition, it provides a list of the contracts involving the allocation and expenditure of recovery funds and provides information on the various disaster recovery resources available to residents, businesses, and government entities. By improving transparency, the state will also be able to better guard against fraud, waste, and abuse in the expenditure of COVID-19 recovery funding.

“The state of New Jersey is an innovator in using open data to make relevant information easily accessible to their constituents,” said Franklin Williams, president of Tyler’s Data & Insights Division. “With Tyler’s technology supporting the state’s financial transparency, residents and the legislature can easily understand how the state is deploying federal funds to offset the impact of the pandemic.”

Since 2009, Tyler's Socrata solution has enabled government organizations to publish and share data within departments and with the public in open formats with the Socrata Open Data API. Socrata provides easy-to-deploy and FedRAMP-accredited cloud technology to unlock siloed government data and put it at the heart of every government program. Data sharing can help states use the available data to facilitate better internal collaboration, which can assist in their economic recovery plans.

The website was developed with the help of Tyler’s Socrata team, the Governor’s Disaster Recovery Office, the New Jersey Office of Information Technology, and the Office of the State Comptroller.

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. Tyler was named to Forbes' "Best Midsize Employers" list in 2019 and has been recognized three times on Forbes’ "Most Innovative Growth Companies" list. More information about Tyler Technologies, an S&P 500 company headquartered in Plano, Texas, can be found at tylertech.com.


© Business Wire 2020
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Financials (USD)
Sales 2020 1 125 M - -
Net income 2020 189 M - -
Net Debt 2020 - - -
P/E ratio 2020 94,1x
Yield 2020 -
Capitalization 17 208 M 17 208 M -
Capi. / Sales 2020 15,3x
Capi. / Sales 2021 14,3x
Nbr of Employees 5 511
Free-Float 82,6%
Chart TYLER TECHNOLOGIES, INC.
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Tyler Technologies, Inc. Technical Analysis Chart | TYL | US9022521051 | MarketScreener
Technical analysis trends TYLER TECHNOLOGIES, INC.
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 15
Average target price 419,17 $
Last Close Price 426,71 $
Spread / Highest target 10,1%
Spread / Average Target -1,77%
Spread / Lowest Target -20,3%
EPS Revisions
Managers and Directors
NameTitle
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
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