Ericsson and Australian non-profit organization AgriBusiness Connect are partnering to revolutionize the agribusiness sector using 5G technology. Harnessing the potential of 5G in transforming various aspects of the agricultural value chain, the partners collaborate using Ericsson’s high-speed, low-latency, and real-time data transmission capabilities.
Under the Memorandums of Understanding (MOUs), Ericsson and AgriBusiness Connect commit to developing innovative and efficient solutions for agribusiness and related sectors in Australia. Leveraging the capabilities of 5G networks, they aim to strengthen the country’s position in leading the adoption of Industry 4.0.
This partnership goes beyond direct agribusiness players and includes organizations involved in processing, packaging, storage, and transportation. It also emphasizes the importance of education and training for sector employees and raising awareness among policymakers about the transformative potential of 5G technology in digitizing agricultural value chains.
Grant Statton, CEO of AgriBusiness Connect, highlights the significance of this partnership, stating, “Our market position, sector knowledge, and ecosystem of relationships provide a unique position to drive innovation in the agribusiness value chain. This collaboration with Ericsson opens opportunities to demonstrate how 5G can benefit businesses, streamline operations, promote sustainability, and develop high-value skills in the sector.”
Emilio Romeo, Head of Ericsson Australia and New Zealand, commends Australia’s reputation as a leader in technology adoption and sees this partnership as a catalyst for pioneering 5G use cases in enterprises. He believes that alignment with government digitalization plans, such as this, will enhance the benefits of 5G for businesses, industries, society, and citizens.
With the convergence of 5G technology and the agribusiness sector, Australia is well-positioned to lead transformative advancements. As Ericsson and AgriBusiness Connect embark on this shared journey, their collaboration has the potential to change the agribusiness value chain on a global scale, marking a significant milestone in the digital revolution of agriculture.
Definitions:
1. 5G: The fifth generation of wireless technology that provides high-speed, low-latency, and real-time data capabilities.
2. MOU: Memorandum of Understanding, a non-binding agreement between two or more parties that outlines the intentions and terms of a partnership or collaboration.
Source: The original article can be found at ericsson.com.
The source of the article is from the blog radiohotmusic.it