With the nascent global mentoring software market attracting steady investments to hit a new height by 2036, Mentor’s Tower, a Nigeria-based mentoring firm, has launched a mobile app to compete in the space.
Latest findings by researchers have indicated the growing appetite for mentorship by corporates and individuals for career advancement and productivity boosting.
Riding on these waves, Mentors’ Tower is expanding its operations to deliver cross-border services through the new mobile App which provides avenue for mentors and mentees to work through a wide range of possibilities.
Mentoring software is a technology platform that facilitates the organisation, management and measurement of effective mentoring programmes, including matching mentors and mentees, scheduling sessions and tracking progress.
According to the latest findings by Research Nestler, a leader in global market analysis, the Mentoring Software Market size is poised to reach $2 billion by the end of 2036, growing at a cumulative annual growth rate (CAGR) of 20% during the forecast period spanning 2024 to 2036. Meanwhile, the industry size was estimated at $637 million at the end of 2023.
The growth is impelled by growing online education across the globe, founder and director of Mentors’ Tower, Dr. Clement Obadimu, disclosed at the launching of Mentors’ Tower mobile App, over the weekend in Lagos.
Over the past ten years, there has been a noticeable increase in the number of people pursuing online learning as people have been able to acquire new skills owing to growing usage of the internet, the availability of many online learning systems which are often less expensive than conventional mentoring and coaching systems, Obadimu stated.
The founder averred that a lot of people want to become great in life, but they don’t know how to navigate their career path, adding that Mentors Tower app will foster professional growth and bridge the gap between experienced professionals and aspiring individuals.
“Mentorship is crucial for personal and professional development. The Mentors’ Tower is our solution to make this vital resource accessible to everyone, regardless of their location or industry. So, you can link up the best mentors anywhere in the world, as we have international mentors on the platform.
Speaking on efforts to address skill gap in the society, the CEO said, “We plan to commence degree programmes, post-graduate degree and professional degree programmes. The idea is to draft curriculum that will tackle issues such as brain drain in the society.”
Also speaking at the gathering, a mentor at the firm and Nigerian Professor of Environmental Chemistry, Ruth Adelagun, stressed that initiatives such Mentors’ Towers is needed to bridge identified gaps between the education obtained in the classroom and what is required to be productive in the society.
She further envisaged the future possibility of introducing mentorship programmes into the curriculum used in Nigerian higher institutes of learning.
She said: “In the classroom, we emphasise educating people academically, but not much about their character or what they really need to fit in the society. We’ve heard cases of someone that made first class in the university but character-wise, they are not there. So, they came into the society and find it difficult to functionally blend with the society.
“This is part of the gaps that Mentors’ Tower is closing and it is fascinating that smart technology is being deployed to achieve that purpose.”
Mentors’ Tower has assembled a team of professionals from all walks of life who have experienced life in its raw and practical forms to attain its vision of becoming a global leader in mentorship, creating a world where everyone has access to the guidance they need to reach their full potential.
