Research reveals the nbn™ network can help support a $15.6 billion annual boost to the Australian farming, forestry and fishery sectors’ gross value of production by 2030.
NBN Co’s Connecting Australia research on agriculture has demonstrated how the nbn™ network can support vital growth in Australia’s agricultural sector to help strengthen the economy. According to the findings, the internet-enabled technologies set to enable the highest productivity growth across the future of connected farming in Australia include:
- Decision support ($8 billion productivity growth potential): Technologies such as Artificial Intelligence that collects information to help farmers make data-driven decisions to manage their farms through precision farming.
- Monitoring ($4.3 billion productivity growth potential): Technologies that provide farmers with realtime information about the state and performance of their farms, such as soil moisture sensors for water efficiencies.
- Automation ($3.3 billion productivity growth potential): Farm automation that saves time by replacing human labour with machine labour, which includes autonomous irrigation or autonomous tractors.
To help enable the range of benefits identified in the research, NBN Co has initiated an agriculture development strategy, including plans to work collaboratively with sector stakeholders in research and technology demonstrations utilising the nbn™ network.
For more information on what NBN Co is doing to support Australian Agriculture click here.