Expert Business Analysis Company

Business analysis is a key service to identify potential business opportunities. It looks at the market to see if the product will truly bring value to the customer, helps define clear requirements, and sets up the development team with the right tasks to get things moving smoothly.

Business analysis services are required whenever you start a new project, need to improve an existing product or service, or require competitors and market research to align your business with the latest trends.

Business analysis is a crucial step during a new product launch. Besides, clients often opt for BA services when they are not satisfied with the current state of business and do not meet their KPIs. Partner with a reliable BA consulting company to ensure your software product is set up for success.

In a nutshell, a business analyst is a specialist who leads the pre-development phase of a project, no matter its industry and objectives. This is a person that defines clear product requirements, as well as creates a step-by-step plan to reach project goals. BA bridges the gap between business and the development team, facilitating the communication between the departments and stakeholders. The to-do list of a business analyst includes but is not limited to domain discovery, business needs assessment, requirements elicitation, time & budget estimates, business process mapping, risk assessment, end-to-end project support, and more.

Business analysis specialists operate with data analytics to understand how to plan the development process, what features and functionalities to include in the product, and how to improve the product’s value for end customers. Analysts ensure that the project is feasible and can bring tangible results & grow ROI before companies invest in the actual development phase.

Business analysts collect and analyze data for potential business expansion. They identify opportunities for company growth, as well as closely communicate with stakeholders to influence their decisions on project support. BAs lead projects and coordinate with other departments and teams to produce the best outcomes possible and deliver tangible results. In addition, a business analyst tests business processes and advises on possible improvements.

As real problem solvers, BAs identify and address issues related to business operations and processes promptly, and help come up with solutions that bring the most value and revenue. Business analysts heavily rely on data research and analytics.

The responsibilities of a business analyst directly depend on the project’s needs and objectives. The most common tasks include:

• Provide support to the project team as required.
• Serve as a liaison between internal and external stakeholders.
• Assist in drafting, reviewing, and refining test procedures and reports.
• Participate in the development of a strategic roadmap for customer initiatives.
• Define and document processes to ensure effective management of responsibilities.
• Design use case scenarios for user acceptance testing.
• Oversee multiple projects and priorities in a fast-paced, evolving environment.
• Create and maintain test strategies, plans, and cases.
• Generate on-demand reports, data queries, routine reports, and dashboards to address business requirements.
• Incorporate research, team inputs, and client feedback into solution designs.
• Ensure the accuracy and quality of project documentation and software designs.
• Maintain detailed records of system changes, both completed and ongoing.
• Identify and document potential business scenarios and outcomes.
• Develop and manage project schedules and milestone plans.
• Collaborate with business stakeholders to address process inefficiencies.
• Conduct root cause analysis for business challenges and recommend solutions.
• Apply feedback to refine work and build on previous experiences.
• Support quality assurance efforts through test planning and reviews with business partners.

Every project is unique, as is the approach to business analysis. At Drupfan, we do not offer one-size-fits-all BA solutions. We truly believe in the uniqueness of every customer and develop personalized strategies for business analysis based on your goals, needs, and objectives.

Therefore, it is hard to give an exact estimation for BA services. A startup project might require several hours to identify key strategy and development milestones, while enterprise-level solutions require up to 4 months for complex research and data analysis, as well as ongoing product BA support.

Note that the more people are involved in the process, the higher the final cost of business analysis service. To get an estimation on your project, contact our BA consultants.

Choosing a reliable and trustworthy company for software development BA consulting might get challenging with numerous options available on the market. Start by exploring platforms like Glassdoor, where you can find genuine information, client testimonials, and real case studies.

Pay close attention to BA’s areas of expertise, tools in tech stack, and a proven track record of project leading. Great business analysts are proactive specialists committed to the success of your project. Opt for companies that offer post-launch product guidance and support and have a dedicated technical team on board. These agencies typically have a well-rounded understanding of project implementation from multiple perspectives.

Here at Drupfan, we offer a full cycle of Business Analysis and Consulting services, led by senior BA specialist Ivan Klepikovski.