RTA spearheads new tech to manage assets

Dubai - The process is focused on achieving sustainable financial savings in the RTA's expenditures on software asset.

A  software project to manage assets has been launched by the Roads and Transport Authority (RTA).

The operational phase of the project caters to the development of a specialist software encompassing all financial and contractual details of the RTA assets as well as the development of competent personnel to manage the system.

"This process has so far yielded multiple benefits such as governance and enhanced control over the RTA's purchases of software asset and technological licences. It also addressed bring asset utilisation in line with the top international practices like ISO 19770-IT Asset Management. It is also focused on achieving sustainable financial savings in the RTA's expenditures on software asset," said Saeed Al Ramsi, director of asset management, strategy and corporate governance sector, RTA.

"The process began two years ago by identifying gaps of the system and setting a roadmap for improvement," he added.

Al Ramsi noted that the RTA had achieved a clear distinction in this field since the beginning of the year. "The RTA was among a list of stellar global entities nominated in ITAM (IT Asset Management) Review 2020 for the Best Project/Team Award. We will continue our endeavours to improve our global ranking and competitiveness among other candidates for this award over the coming years, especially after the implementation of the operational phase of this project," he said.

"The RTA seeks to make use of technology in developing the best solutions for asset management and achieving the targeted financial savings. This process is coordinated with key internal departments - IT, technology strategy and governance and corporate technology support services sector.

"We are working towards expanding the scope of the Software Asset Management Project by capitalising on cutting-edge technology and software. The process requires integrated administrative, technological and human resources that work in tandem to realise the RTA's strategic goals: Financial Sustainability, Asset Sustainability and Advance RTA," added Al Ramsi.

• Dubai