Tyler Technologies Acquires ARInspect

Tyler Technologies, Inc. (NYSE: TYL) announced today it has acquired ARInspect, a leading provider of artificial intelligence (AI) powered machine learning solutions for public sector field operations.

Through this acquisition, Tyler adds ARInspect’s AI powered, data driven platform to its portfolio, extending Tyler’s Application Platform and other solutions with intelligent edge technology. Tyler plans to leverage ARInspect’s technology across its state and federal verticals with a focus on all regulated entities, including environmental protection, disaster recovery, and human services.

“Tyler understands the challenges that government agencies have in providing resources to field workers, including access to smart capture tools, real-time data, and the decision-making capabilities that can impact effectiveness,” said Brian Combs, president of Tyler’s Platform Solutions Division. “ARInspect’s platform and expertise in AI and machine learning combined with Tyler’s public sector experience and robust portfolio will help deliver on our promise to create smarter, safer, and stronger communities for our clients.”

ARInspect’s advanced AI and machine learning platform allows public sector field workers to work independently and to manage all activities, from pre-arrival set-up through reporting and follow-up, in the field. Beyond just automation and digitization of processes, ARInspect analyzes historical data, completed inspections, violations, integrated census data, and more. This analysis not only guides and assists field workers on site but also helps agencies identify sites, assets, and facilities that may be a risk to residents and the community.

“Over the last few years, we have seen a great demand for public sector edge technology with the power of AI and automation,” said Vivek Mehta, founder and chief executive officer of ARInspect. “We couldn’t be more excited to combine our expertise with Tyler’s to provide a powerful and user-friendly field operations platform. Our similar values and commitment make this the ideal partnership for all ARInspect and Tyler clients.”

Fairfax, Virginia-based ARInspect was founded in 2017. The ARInspect team will join Tyler’s Platform Solutions Division.

About Tyler Technologies, Inc.

Tyler Technologies (NYSE: TYL) provides integrated software and technology services to the public sector. Tyler’s end-to-end solutions empower local, state, and federal government entities to operate efficiently and transparently with residents and each other. By connecting data and processes across disparate systems, Tyler’s solutions transform how clients turn actionable insights into opportunities and solutions for their communities. Tyler has more than 40,000 successful installations across nearly 13,000 locations, with clients in all 50 states, Canada, the Caribbean, Australia, and other international locations. Tyler has been recognized numerous times for growth and innovation, including Government Technology’s GovTech 100 list. More information about Tyler Technologies, an S&P 500 company headquartered in Plano, Texas, can be found at tylertech.com.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20231030117013/en/

The Tyler Technologies Stock at the time of publication of the news with a raise of +0,70 % to 346,6USD on Tradegate stock exchange (30. Oktober 2023, 22:26 Uhr).