TECH - Tyler Technologies Rides on Growing Customer Base | Benzinga
Tyler Technologies (NYSE: TYL) has gained 12.8% year to date against the Zacks Business - Software Services Industry's decline of 5.4%. TYL's price rise reflects investors' confidence in the company's impressive financial results in consecutive quarters, strong fundamentals and an array of customer wins.
So far in 2024, the company has signed deals with the Florida Department of Corrections, Illinois Police Department, Guam Department of Corrections, Jackson Public Schools, Florida-based Collier County, California State Parks, Idaho Supreme Court, Wyoming State Parks, City of Edina and the Commonwealth of Kentucky.
Adding to this list, TYL recently revealed that the City of Philadelphia Sheriff's Office has successfully implemented the company's Civil Process solution. The implementation will enable the sheriff's office to conduct civil process and warrant service more effectively. Tyler Technologies' Civil Process solution also improves communication capabilities and financial and real estate data management.
The entire setup took a nine-month implementation time and involved TYL's multiple applications, such as Civil Serve, Civil Query, Civil Mobile, GIS Connector and Sales Web. The platform will be hosted in Amazon's (NASDAQ: AMZN) Amazon Web Services ("AWS") for improved reliability and flexibility.