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Plano, Texas-based Tyler Technologies, Inc. (TYL) provides integrated software and technology management solutions for the public sector in the United States. Valued at a market cap of $14.2 billion, the company operates in two segments, Enterprise Software and Platform Technologies, and designs, develops, markets, and supports a range of software solutions to serve mission-critical back-office functions.
Companies with a market cap of $10 billion or more are typically referred to as “large-cap stocks.” TYL fits perfectly into that category, with its market cap exceeding this threshold and reflecting its substantial size and influence in the software application industry.
