Tyler Technologies (TYL) Boosts 2030 Financial Goals After Successful Cloud Transition
Tyler Technologies recently raised its 2030 financial goals, citing the successful cloud transition for its customers. The company has met or exceeded its 2025 interim targets, shifted over 95% of new-client total contract value to SaaS, migrated approximately 5,000 hosted customers to AWS, and exited its last private data center on schedule. These achievements provide management with increased confidence in future growth and margins, with the remaining on-premise maintenance base offering a significant conversion pool expected to boost recurring revenue.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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