Tyler Technologies
| File:Tyler Technologies logo.svg | |
| Company type | Public company |
|---|---|
| Industry | Proprietary Software |
| Founded | 1966 |
| Founder | Joseph F. McKinney |
| Headquarters | Plano, Texas, U.S. |
Number of locations | 26 |
Area served | USA Canada |
Key people | John S. Marr Jr., Executive Chairman of the Board H Lynn Moore Jr., CEO & President |
| Products | Public sector software |
| Services | Business services & supplies |
| Revenue | Increase Template:US$ (2022) |
| Increase US$0.214 billion (2022) | |
| Increase US$0.164 billion (2022) | |
| Total assets | Increase US$4.687 billion (2022) |
| Total equity | Increase US$2.624 billion (2022) |
Number of employees | 7200 (2022) |
| Website | tylertech |
Tyler Technologies, Inc., based in Plano, Texas, specializes in proprietary software solutions predominantly serving the U.S. public sector. The firm maintains 26 offices distributed over 17 states along with a location in Toronto, Ontario, Canada.
History
Established in 1966 by Joseph F. McKinney under the name Saturn Industries after acquiring three government-focused firms from Ling-Temco-Vought, Tyler Technologies initially concentrated on manufacturing activities with the purchase of Tyler Pipe in 1968. Tyler Pipe emerged as the company's primary revenue generator and was subsequently renamed Tyler Corporation. The firm debuted on the New York Stock Exchange in 1969 and officially adopted the Tyler Corporation name in 1970. Transitioning into the government software industry in 1998, it rebranded as Tyler Technologies the following year.
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Products
The company offers a range of public sector software solutions across eight distinct areas: appraisal and tax compliance software along with related services; comprehensive software tailored for courts and justice organizations; data analytics and insight services; enterprise-level financial management systems; software for planning, regulatory compliance, and maintenance; public safety applications; records and document management platforms; and transportation management software designed specifically for educational institutions.
Controversies
In 2014, residents of Marion County, Indiana filed a lawsuit concerning wrongful incarcerations connected to the company's software. Two years later, in 2016, public defenders in Alameda County, California uncovered numerous incorrect arrests following the implementation of Tyler’s Odyssey Case Manager. An investigative report released in October 2021 revealed problems associated with Tyler Technologies’ software in Lubbock County, Texas, as well as other jurisdictions; this culminated in a federal class action settlement totaling $4.9 million, with the county paying $2.45 million and Tyler contributing $816,668.
Officials in Wichita Falls, Texas reported persistent difficulties nearly eighteen months after adopting Odyssey Case Manager in July 2019. By December 2021, a trial attorney characterized the transition of Lubbock County’s court records to Tyler’s software as “an absolute debacle.”
In November 2016, Washington County, Pennsylvania disbursed an additional $1.6 million to Tyler beyond the initial $6.96 million contract price, covering expenses such as Tyler staff providing court testimony related to property owner disputes.
In 2021, Tyler Technologies resolved a federal class action lawsuit by agreeing to pay $3 million over allegations of unpaid overtime wages to employees.
External links
- Pages with broken file links
- Companies based in Plano, Texas
- Software companies based in Texas
- Proprietary software
- Public sector in the United States
- Companies listed on the New York Stock Exchange
- Software companies of the United States
- American companies established in 1966
- Software companies established in 1966
- 1966 establishments in Texas
- 1960s initial public offerings