Published on 6 Mar 2024 on Zacks via Yahoo Finance
Tyler (TYL) Signs Deal to Enhance Maryland's Cloud Capabilities
Tyler TYL recently signed a five-year contract with Maryland to provide a fully cloud-hosted infrastructure, which is accessible to all residents of the state. The contract can be extended for five more years at the state’s discretion.
Tyler has partnered with Maryland for a long time, offering digital solutions for the past 12 years. The company provides more than 160 digital government services, such as Maryland Business Express and Maryland.gov and collaborates with 110 government entities in the state.
The market, where the company operates within the public sector, is one of the largest in the United States, covering approximately 3,000 counties, numerous public departments across 36,000 towns and cities, and more than a thousand schools nationwide.