A collection of wireless carriers, tech and industrial companies and research groups announced the formation of a new group to promote network slicing on 5G networks.

China Mobile, Deutsche Telekom, Digital Domain, Fraunhofer FOKUS, Huawei, China Electric Power Research Institute, Tencent, TIM and Volkswagen unveiled the 5G Slicing Association Wednesday at Mobile World Congress.

Organizers said the initiative aims to reach the full potential of slicing, which enables dedicated networks for the numerous applications that could take advantage of ultra-fast next-generation systems.

Volkswagen, for example, hopes to show the the type of service that could support an automotive slice of the network.

"The cross-industry-collaboration will show that not only the automotive industry needs these changes," said Andreas Kwoczek of the German automaker's research arm.

In particular, the group intends to study technical issues, assess industry needs, outline potential scenarios for new business models and participate in trials. It will also work closely with the GSMA Network Slicing Task Force to develop standards for the technology.

Group officials also said the participating companies and organizations would welcome additional partners.

"As XR technology and content continues to flourish and evolve, consumer demand for consistency in higher data rates and lower latency will grow exponentially," said Digital Domain Executive Director and CEO Daniel Seah. "This Association will ensure that we are all optimizing 5G to its highest capacity to provide an enhanced mobile broadband experience for the world.”