Following the dearth of relevant research reports within the region, Terragon Group, leading African digital media company, has partnered with Lagos Business School (LBS), the graduate business school of the Pan-Atlantic University, to further explore into the ecosystem and provide relevant credible research data and reports.
It will be recalled that over the past years, the digital industry in Africa has witnessed tremendous growth, and still witnessed a shortage of relevant research reports within the region, which should have helped foster new innovations. This partnership between Terragon Group and LBS was endorsed out of the need for stronger alliances to provide the type of research data that will be relevant to the industry. Speaking on the partnership, Chief Executive Officer, Terragon Group, Elo Umeh, said “As a Group, we have carried out quarterly researches on our own which addresses the need for local and relevant data to help the digital ecosystem and streamline the efforts of advertisers online. We have grown to be recognized for these periodic reports both locally and internationally.“Our partnership with LBS is borne out of the need to take our researches a notch higher. We will be working with a team of experts within the University to provide periodic relevant research data to the public. There will be an exchange of expertise by both parties. This, we believe, will further enhance the effectiveness of the quality of reports that are being released, and give more credit to the research work we have been doing as a group over the years.”
In the same vein, Dr. Eugene Ohu, lead LBS faculty on the partnership, said: “LBS faculty will bring to this relationship a broad range of expertise that should help make more sense of big data and improve understanding of the digital audience. We will obtain new insights into economic behaviour, human psychology, and digital marketing trends in Africa. These novel insights will create persuasive and ethical communications through which marketers can reach their intended audience at the right time.”
Terragon Group houses three independent yet convergent businesses that delve into different aspects of the digital ecosystem – Terragon Limited (TL), Twinpine Limited and Terragon Media Limited (TML). The Group operates out of Nigeria and four other markets including Kenya, Ghana, South Africa and India, and with the capacity to do business across the continent.
LBS as the graduate school of the Pan-Atlantic University was founded in 1991, and acclaimed for its quality education and global best practice in this part of the world. It also has strong ties with IESE Business School, Spain, is a member of the Global Business Schools Network (GBSN), founding and active member of the Association of African Business Schools (AABS), member of the Association to Advance Collegiate Schools of Business (AACB), Principles for Responsible Management Education (PRME), among others.