Company Highlights

• State and local government and primary and secondary education annual spending for applications and vertical-specific software is currently estimated at $18 billion, growing at a compound annual growth rate of 7-8 percent forecast through 2022.
• Tyler is continuing to enhance its offerings of products and services to add value to local governments, adding features such as Web-based solutions for real-time public access to a variety of public information, electronic commerce solutions for traffic tickets, utility bills and taxes. Competition includes regional and local technology firms that offer limited products and services. Often, these small companies lack the resources for the development needed to keep pace with technology advancements. In contrast, Tyler has the widest breadth of products in the industry, providing an integrated system of applications for several different government offices within the same jurisdiction. Tyler provides customers with the latest technology available and has invested significantly in product development over the last two years.
• The company is profitable and has experienced above-market growth rates from its core business. Substantial growth opportunities from sales to new customers, additional sales to existing customers and new product offerings have the potential to accelerate growth offerings.