What does OTAM mean in TECHNOLOGY
The Office of Technology Asset Management (OTAM) is a governmental agency responsible for managing technology assets of the U.S. government. OTAM was established in accordance with the Federal Information Technology Acquisition Reform Act, FITARA, which requires federal agencies to better manage their software and IT infrastructure assets. The specific tasks of OTAM involve evaluating existing technology assets, assessing the current state of asset management practices, conducting an inventory and making recommendations that will enable agencies to make more effective use of their technology assets while staying within budget.
OTAM meaning in Technology in Computing
OTAM mostly used in an acronym Technology in Category Computing that means Office of Technology Asset Management
Shorthand: OTAM,
Full Form: Office of Technology Asset Management
For more information of "Office of Technology Asset Management", see the section below.
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Essential Questions and Answers on Office of Technology Asset Management in "COMPUTING»TECHNOLOGY"
What is OTAM?
OTAM stands for Office of Technology Asset Management and it is a governmental agency responsible for managing technology assets of the U.S. government.
What does OTAM do?
OTAM is tasked with evaluating existing technology assets, assessing the current state of asset management practices, conducting an inventory and making recommendations that will enable agencies to make more effective use of their technology assets while staying within budget.
Why was OTAM created?
OTAM was created in accordance with the Federal Information Technology Acquisition Reform Act, FITARA, which requires federal agencies to better manage their software and IT infrastructure assets.
What other policies are related to OTAM?
Several other policies and guidelines related to proper asset management have been issued by federal office such as OMB Circular A-11 Part 7 and NIST Special Publication 800-53 Rev 4 which provide guidance on information security and risk/threat management processes across all areas including physical hardware/software assets as well as cloud services and applications used by federal agencies.
How can I learn more about OTAM?
For further information about the Office of Technology Asset Management please visit https://www.irs.gov/irm/part-7-3-otam-overview or you can contact your local IRS technical assistant for additional inquires related to your situation or organization's needs regarding technology asset management.
Final Words:
The Office of Technology Asset Management (OTAM) is a governmental agency responsible for managing technology assets of the U.S. government in accordance with FITARA law requirements and other policies like OMB Circular A-11 Part 7 or NIST Special Publication 800-53 Rev 4.
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