Forbes ranks Tyler among 25 Most Innovative Growth companies

Plano Texas based Tyler Technologies was named to Forbes’ “Most Innovative Growth Companies 2016” list.

Forbes ranked Tyler #24 and cited it among 25 companies that investors could expect to be innovative now and in the future.

According to Forbes, companies were ranked by their innovation premium, or the difference between their market capitalization and the net present value of cash flows from existing businesses. The difference between them is the bonus given by equity investors on the estimate that the company will continue to generate profitable new growth.

Tyler met Forbes’ ranking requirements, including having at least seven years of public financial data, and a market capitalization of between $2 billion and $10 billion.

Earlier this month, Commonwealth of the Bahamas, Department of Inland Revenue’s Real Property Tax Valuation Unit (RPTVU) signed a contract for technology-driven mass appraisal services using Tyler Verify™. Under the agreement, Tyler’s CLT Appraisal Services™ staff will use Tyler Verify software to conduct street-level imaging and data collection services for properties on the island of New Providence.

John S. Marr Jr. is the President and CEO of Tyler Technologies.

See complete list below:

Rank Company
1. Rightmove
2. NetSuite
 3. ASOS
 4. DexCom
 5. M3
 6. athenahealth
 7. MonotaRO
 8. Ultimate Software Group
 9. Kakaku.com
 10. Moneysupermarket.com Group
 11. CoStar Group
 12. Start Today
 13. Seek
 14. Aspen Technology
 15. Searainbow Holding
 16. Zhongyuan Union Cell & Gene Engineering
 17. Gillette India
 18. BTG
 19. REA Group
 20. Domino’s Pizza Enterprises
 21. Opko Health
 22. Schibsted ASA
 23. MercadoLibre
 24. Tyler Technologies
 25. Cosmo Pharmaceuticals

 

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