Government Assets

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Government Assets

Efficiently managing and enhancing government assets is of fundamental importance for fiscal consolidation purposes and to reduce the State’s debt; the Department of the Treasury carries out these activities in collaboration with public administrations and bodies.

Government Assets Objectives

Objectives

The “Empowered & Digital Public Asset Platform” project aims to strengthen the public administration's capacity to manage assets at central and local level, by creating a system to manage and enhance government assets. The new communication, exchange and sharing tools facilitate collaboration and the integration of processes between the Department of Treasury and the other Administrations involved. This innovative system involves a centralised data structure that collects both internal data and data from external sources, enhancing them through artificial intelligence tools that make the data easier to use.  In this context, the project helps to achieve several objectives:

 

 

 

Developing the census on assets

Developing a single information system for the census on state-owned equity investments and for their monitoring. This makes it possible to collect information on the equity investments held by the PAs and to ensure that the entities holding the equity investments comply with current legislation.

Preserving assets

Creating a digital data archive (repository) to record and map the Department of the Treasury's information assets, both internal and external; this repository shall ensure that all information is correctly integrated, also allowing for different analysis dimensions.

Digital transformation

Creating a single, certified environment to preserve information assets and to ensure effective overall governance. This will allow IT infrastructure to drive the digital transformation of the Department's business services.

A single integrated system

Improving the process to enhance government assets through the creation of a single integrated system, providing a single point of access to information and functionalities regarding assets held by the PA, offering high levels of usability and performance.

Government Assets' areas of work

Areas of work

Designing and creating a certified environment to store the DT's information assets. The goal is to make IT infrastructure the main driver for the digital transformation of the Department's business services, using integrated automation, performance analytics and digital service management solutions.

Designing and implementing a data repository to record and map the DT's information assets, both internal and external; this repository will gather together all data from existing systems as well as defining metrics and the key dimensions for analysis and processing. The main objective is to build a certified environment to store the DT's information assets.

Improving the efficiency of programmes to enhance and sell government assets, by defining organisational processes and reporting systems. By implementing BPM tools and design and monitoring systems for organisational processes (e.g. AI Alerting, AI Data Quality), it is possible to map work processes and identify important events for users.

Creating a single integrated system, business intelligence and co-working area to manage and enhance government assets, centralising the Department’s documents and knowledge and adopting advanced analytics tools to collect data and to make the collected data available. The co-working area computerises the exchange of information between individuals within the Department and those belonging to other Public Administration bodies, increasing the extent to which said information is shared and discussed.

Defining and developing a single information system for the census and monitoring of state-owned equity investments, making it possible to collect information relating to the stakes held by public administrations and to analyse and monitor whether the bodies holding the equity investments are complying with current legislation.

Defining and developing an information system to assess public sector real estate, making it possible to categorise real estate assets into standard groups and to use automatic calculation algorithms and information from the DT's real estate database to estimate the portfolio of public sector real estate assets that have been recorded and their subgroups (e.g. by introducing advanced cluster analysis and pricing model tools to choose the most appropriate valuation method).

This process involves an initial phase of recording the assets in order to then develop knowledge about them; this is fundamental in order to identify and implement policies to enhance and manage said assets. Census work involves prototyping and implementing advanced analytics tools able to collect data and make them fully available for use.

Project Documents Government Assets

Project Documents

Asset Publisher