NIC Inc.
American technology company and digital government service provider
From Wikipedia, the free encyclopedia
NIC Inc.[1] (the "NIC" stands for "National Information Consortium"[2][3]) is a digital government service provider for federal, state and local governments in the United States. It was founded in 1992 and is headquartered in Olathe, Kansas. Harry H. Herington[4] is the chief executive officer and chairman. NIC has long-term contracts with over 3,500 state and local government and federal agencies to provide IT software, services, and payment processing.[buzzword][5][6][7]
- 1992 as Kansas Information Consortium
- 1999 as NIC Inc.
| Company type | FINANCIAL |
|---|---|
| Industry | Technology services |
| Founded |
|
| Founder | Jeff Fraser |
| Headquarters | Olathe, Kansas, |
Key people |
|
| Services |
|
| Revenue | $344.9 million (as of 2018) |
Number of employees | 900+ nationwide (as of 2016) |
| Parent | Tyler Technologies |
| Website | http://www.egov.com |
On May 11, 2000, NIC acquired SDR Technologies, Inc., based in California, and renamed it to "NIC Technologies".[3] On October 13, 2000, NIC acquired Intelligent Decision Technologies, Ltd. ("IDT"), based in Longmont, Colorado.[8]
NIC announced in February 2021 its plan to be acquired by Tyler Technologies.[9] The acquisition was completed in April 2021.[10]
Background
The company has two primary segments including digital government software & services and payment processing solutions.[buzzword] The main service of the digital governmental solutions[buzzword] and services segment is providing out-sourced state eGovernment portals. Additionally, the other segment is engaged in developing payment processing solutions[buzzword] for state, local and federal governments.[6][11][12] NIC Federal generates revenue from a contract with Federal Motor Carrier Safety Administration for the development and management of their online Pre-employment Screen Program presence.[11]
Acquisitions
In 2018, NIC acquired Leap Orbit, a prescription drug-monitoring program (PDMP).[13]
In 2019, NIC acquired Complia, a Centennial, Colorado-based technology platform for government regulated cannabis. [14]
Recognition
In 2013, Forbes listed it as one of America's Best Small Companies.[15]
On February 24, 2014, The company's pre-employment screening program (PSP) customer service team was awarded a Bronze Stevie Award for supporting for the U.S. Department of Transportation Federal Motor Carrier Safety Administration (FMCSA).[16]
In 2014 and 2015, NIC was named one of Kansas City's Healthiest Employers. [17]
In 2017, CFO Steve Kovzan was recognized as a CFO of the Year by the Kansas City Business Journal. [18]
