Tyler Technologies | February 25, 2022
Tyler Technologies, Inc. today announced that the state of Arkansas has renewed its contract for Tyler’s award-winning digital government and payments services. The four-year agreement builds upon the existing 25-year relationship between Tyler’s subsidiary, NIC, and the Information Network of Arkansas, a governor-appointed board that oversees digital access to government information and services in Arkansas. The agreement includes three additional one-year extensions, which may be exercised at the discretion of the state.
“Arkansas is a proven leader in creating innovation solutions that connect citizens with their government. This continuation of the trusted partnership between the state of Arkansas and NIC will continue to deliver improved experiences for our citizens while creating even more efficiencies for government offices.”
Ralph Hudson, director of labor at the Arkansas Department of Labor and Licensing and INA board chair
Throughout Arkansas, Tyler’s NIC subsidiary currently provides more than 300 state and local government entities with nearly 1,000 digital government services, including online vehicle and driver services, criminal background checks, and county property tax payments. NIC Arkansas operates a multi-award-winning citizen portal powered by an intelligent, cross-agency chatbot that engages visitors to the state’s official website, Arkansas.gov, with machine learning and artificial intelligence to help Arkansans find the services they need – all through a simple, intuitive conversation.
“It has been our great honor to partner with the state and help build Arkansas’ award-winning digital government presence over the past 25 years,” said Christy Williams, general manager of NIC Arkansas. “Our goal is to make government more accessible to everyone through technology, and that aligns with the mission of the INA Board. We are excited to continue this partnership, accelerate digital service delivery and ultimately make life better for Arkansans.”
Through its partnership with NIC, Arkansas’ enterprise digital government presence has resulted in process automation efficiencies for both government and citizens and enabled the state to realize a cost avoidance of more than $64 million each year. In 2020 alone, Arkansas government websites served over 2.8 million citizens and securely processed over 14.5 million digital government transactions totaling more than $521 million and achieved a 96% average satisfaction rating from more than 435,000 citizens surveyed.
About Tyler Technologies and NIC
Acquired by Tyler Technologies on April 21, 2021, NIC is a leader in digital government solutions and payments, partnering with government to deliver user-friendly digital services that make it easier and more efficient to interact with government. NIC and Tyler are united in their mission to empower public sector entities to operate more efficiently and connect more transparently with their constituents and with each other. Tyler has more than 37,000 successful installations across more than 12,000 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 and Forbes’ “Most Innovative Growth Companies” list.
Inpixon | August 27, 2021
Inpixon (Nasdaq: INPX), the Indoor Intelligence™ company, today announced it has received a purchase order for hundreds of high-end, next-generation, multi-tech radio frequency (RF) sensors for a U.S. federal government customer.
Inpixon multi-tech RF sensors detect and locate active Wi-Fi, Bluetooth, cellular and UWB wireless transmissions emanating from phones, smartwatches, tablets, computers, access points, IoT devices and more. Inpixon security solutions are designed to help corporate enterprises and governmental agencies combat theft of confidential information while enhancing safety and operational efficiency by providing visibility into the location of visitors, wireless devices, key personnel and critical assets within a facility. Inpixon security solutions have earned multiple industry honors including the Security Excellence Award and the IoT Sensor Company of the Year Award.
Soumya Das, COO of Inpixon, stated, "Our newest generation of multi-tech sensors demonstrate our continuing commitment to providing customers with comprehensive security solutions that assist organizations in creating a smarter, safer and more secure environment for personnel, visitors and assets. We are pleased to receive this purchase order from a U.S. federal government customer and believe this is further evidence of the continued recognition of the value of our solutions. We expect additional, significant high-margin orders in the months and years ahead from security-sensitive governmental and private facilities to address their growing physical and cybersecurity threats."
Inpixon® (Nasdaq: INPX) is the innovator of Indoor Intelligence™, delivering actionable insights for people, places and things. Combining the power of mapping, positioning and analytics, Inpixon helps to create smarter, safer, and more secure environments. The company's Indoor Intelligence and mobile app solutions are leveraged by a multitude of industries to optimize operations, increase productivity, and enhance safety. Inpixon customers can take advantage of industry leading location awareness, RTLS, workplace and hybrid event solutions, analytics, sensor fusion and the IoT to create exceptional experiences and to do good with indoor data.
Godspeed Capital | January 15, 2022
Godspeed Capital Management LP (“Godspeed Capital”), a lower middle-market Defense & Government services, solutions, and technology focused private equity firm, today announced the successful acquisition of Exceptional Software Strategies, Inc. (“ESS” or the “Company”), a leading provider of information technology solutions to mission-oriented Federal agencies, including members of the Intelligence Community and Department of Defense agencies. The financial terms of the transaction were not disclosed.
ESS boasts a 25-year history of successfully integrating mission-critical information technology solutions across the Intelligence Community. The Company provides core capabilities in cyber, software and systems engineering, and geographic information systems, and works with a broad array of Intelligence Community and Federal agencies with critical National Security missions, including a strong presence in Fort Meade, Maryland. Nearly each of the Company’s seasoned engineers across its dynamic team holds the highest-level of security clearance. By developing, testing, and deploying solutions to mitigate and combat threats across emerging areas of critical importance such as blockchain, cloud computing and storage, data analytics, and artificial intelligence, ESS is critically focused on leading the next frontier of cyber-protection and innovation.
The newly acquired ESS will join Godspeed Capital’s recently formed high-end cyber and technology solutions platform holding company, designed to provide U.S. Defense and Intelligence Community agencies with a full suite of solutions to combat an increasing and ever-evolving level of cybersecurity and intelligence threats.
Paul Stasko, Founder & President of ESS, said, “Godspeed Capital brings an exceptional amount of government-related expertise, know-how, and vision to the table, as well as a deep understanding of our core Intelligence Community customer set. We are excited to be joining Godspeed as part of a broader, better resourced and scalable platform strategy and look forward to collaborating with like-minded providers as we continue to enhance our collective solutions to meet the increasingly complex and evolving needs of the U.S. Intelligence Community.”
“We are thrilled to partner with ESS, the go-to provider of mission critical solutions and services to the Intelligence Community and other Federal agencies. Through their unparalleled knowledge and experience with existing and legacy infrastructure, data flows, and processes, ESS is uniquely positioned to shape the future of mission critical technology and data protection requirements. The increased scale and profitability of the combined platform coupled with additional capital and resources from Godspeed will allow us to invest more in technology innovation, talent acquisition, and corporate infrastructure as we move forward. We look forward to accelerating the Company’s growth initiatives.”
Douglas T. Lake, Jr., Founder & Managing Partner of Godspeed Capital
About Exceptional Software Strategies, Inc.
Founded in 1996 and headquartered in Linthicum Heights, Maryland, ESS is a professional services company providing information technology solutions to mission-oriented Intelligence Community and Department of Defense agencies. ESS offers core capabilities in cyber, software and systems engineering, and geographic information systems with a strong presence in Fort Meade, Maryland, but also with select Department of Defense agencies, and extensive past performance with a broad array of other Intelligence Community and Federal agencies with National Security missions.
About Godspeed Capital
Godspeed Capital is a lower middle-market Defense & Government services, solutions, and technology focused private equity firm investing alongside forward-thinking management teams that seek an experienced and innovative investment partner with unique sector expertise, operational insight, and flexible capital for growth. While a typical investment will involve companies generating approximately $3 million to $30 million of EBITDA, Godspeed Capital has significant support to complete larger transactions through strategic co-invest relationships. The firm focuses on control buyouts, buy-and-builds, corporate carve-outs, and special situations.