![](https://www.ciotechoutlook.com/newsimages/special/W92Jpv3l.jpeg)
Ericsson has signed a memorandum of understanding with the Australian non-profit organization AgriBusiness Connect. The partners intend to create new industrial value through the use of Ericsson's
5G solutions' high speed, low latency, and huge
real-time data handling capabilities in public and private networks, according to a new Memorandum of Understanding (MOU).
The partners seek to accelerate innovative productivity and efficiency solutions for agribusiness and related sectors to secure Australia’s position at the forefront of
Industry 4.0 adoption, as per TOI.
In addition to direct agribusiness businesses, the Ericsson 5G alliance will target organizations that provide processing, packaging, warehousing, and transportation to the industry. The partners will focus on education and training for current agricultural workers, as well as raising policymakers' understanding of the impact 5G can have on the digitalization of agriculture value chains.
Emilio Romeo, Head of Ericsson, Australia and New Zealand, says: “Australia can rightly be proud of its international reputation as a frontrunner in
technology change adoption. In the case of 5G rollout, Australia is among the global leaders. The outcome of this partnership between Ericsson and AgriBusiness Connect could see pioneering Enterprise 5G use case ideas with the potential to transform the agribusiness value chain around the world. Partnerships like this one, working alongside the Government’s digitalization plans, are key to ensuring enterprise, industry, society and citizens benefit from 5G as soon possible.”