“Therefore that can be readily exported elsewhere and have positive impacts.”
Trethewey said Australian agriculture has benefitted in the past from progress in physical technology but in the future the real advances will be in the cloud.
“What we’re starting to see now is an adoption of more non-tangible technology,” he said.
“Software, apps, algorithms and things like that starting to find their way into all aspects of the supply chain and on-farm production.”
Watch the video above to find out more.
Isaac Rankin is General Manager Regional Business Banking, ANZ