Minister for Broadband, Communications and the Digital Economy, Senator Stephen Conroy, has entered a memorandum of understanding with Intel Australia to work together on digital economy projects.
The agreement, sealed with Intel Asia Pacific general manager, Navin Shenoy, will see the Federal Government provide the computing giant with updates on progress and development of the digital economy strategy. In return, Intel will offer advice and work as a sounding board on initiatives around the National Broadband Network (NBN).
The Government also plans to share research around the fibre-to-the-home (FTTH) project in hopes of developing and promoting new applications to operate on the network.
Senator Conroy said the MOU will enable Australia to benefit from Intel’s experiences in using high speed broadband in areas such as health, education, business and environmental management.
"The digital economy will ultimately encompass the entire economy and almost all facets of our society and the Gillard Government is ensuring it has the infrastructure in place to take advantage of the opportunities it will present," he said in a statement.