NIC Inc.
| Company type | Public |
|---|---|
| Nasdaq: EGOV | |
| Industry | Web service |
| Founded | 1998 as National Information Consortium |
| Headquarters | Olathe, Kansas, |
| Revenue | $249.28 Million (As of 2013[update])[1] |
| Website | http://www.egov.com |
NIC Inc. (Nasdaq: EGOV) is an information service provider for federal and state government in the United States. It was founded in 1991 and is headquartered in Olathe, Kansas. As an eGovernment provider, it has long-term contracts with 3,500 state and local government and federal agencies to provide the IT software, system, consultancy and other relevant services.[2][3][4] As of February 23, 2014, the company has an enterprise of $1.20 billion with a market capitalization of $1.27 billion.[1] In 2013, Forbes listed it as one of America’s Best Small Companies.[5] 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).[6]
Background
The company has two segments including out-sourced portal businesses segment and software & service segment. The main service of out-sourced portal business segment is to develop governmental portals and support its operations. Additionally, the other segment is engaged in developing software for state and local governments.[3][7] Software & service segment has a subsidiary, NIC Technologies, to operate its business. It generates revenue from the contract with Federal Motor Carrier Safety Administration for the development of the Pre-employment Screen Program. The maintenance of the program is another profit point for the company.[7]
References
- ^ a b "NIC Inc.: Key Statistics for NIC Ltd.- Yahoo! Finance". Finance.yahoo.com. Retrieved 2014-02-24.
- ^ "EGOV: Summary for NIC Inc.- Yahoo! Finance". Yahoo.finance.com. Retrieved 2014-02-23.
- ^ a b "EGOV: Summary for NIC Inc.- Yahoo! Finance". Yahoo.finance.com. Retrieved 2014-02-23.
- ^ "NIC: eGovernment Services for Federal, State and Local Government". Egov.com. Retrieved 2014-02-24.
- ^ "NIC on the Forbes America's Best Small Companies List". Forbes.com. Retrieved 2014-02-24.
- ^ "NIC Technologies' PSP Team Receives a Bronze Stevie Award For Sales and Customer Service". Yahoo Finance. Retrieved 2014-03-09.
- ^ a b "EGOV: Summary for NIC Inc.- reuters.com". Reuters.com. Retrieved 2014-02-24.