Software Development

How Business Analysis can impact your business?

3
 min read
Published 
April 17, 2019
How Business Analysis can impact your business?
3
 min read
Published 
April 17, 2019
3
 min read
Published 
April 17, 2019
Updated  

What is Business Analysis?

Regardless of a cooperation model, business analysis is a process of identifying business needs and searching for business solutions that are able to encompass these needs.

The goal of any product developed by our team is its intrinsic value to users and profit clients receive. It’s extremely important to involve Business Analysts or BA in the solution development process in order to achieve your goals. Their task is to conduct a thorough competent business analysis of the product.

The process of Business Analysis

Product research

Clients may have an undeveloped product, which must be brought to fruition in order to maximize business value. When product development is completed clients often enter the market with a finished product, and may face some difficulties.

In order to avoid them, it's important to engage a business analyst to do user research, determine target audience of the product, understand its inquiries and its associated problems. With regard to these problems, they will identify the functionality of the product based on their experience and expertise, provide it to their clients as a comparison to their current vision of the product, with coherent instructions.

The result is a product which directly addresses every need, problems, and objectives of the end user. If users utilize the product and observe that the product/service solves their internal requests and tasks, it creates value-added benefits. The product is then considered successful.

Transformation of customers ideas into technical requirements

Axon's clients have an awareness of the market, are well-versed in the problems of their potential clients and have solutions for them. For successful development of their product, it is necessary to formulate their solutions in the context of technical requirements. If technical requirements are not precisely formulated, the communication between clients and the development team may become more complicated. A Business analyst prevents this from occurring by mediating at this stage.

Business analysts thoroughly study business aspects and technical issues of the product, they are able to translate the clients’ requirements into a technical language that will be understood by our developers. Thus, tasks are defined and clients receive tailored specified products.

Conclusion

As shown, a business analyst plays a crucial role as an intermediary between clients and developers in the solution development process. Their involvement necessitates cooperation and prevents problems occurring that may cost time and money.

They will perform a qualitative analysis of your requirements, monitor the market segment in which your product will be implemented and analyze the existing activity of competitors. Having obtained this data, he will compare your vision of how the product will be developed with what our company offers and argue in favor of its relevance.

As a result, you should not encounter resistance entering the market from your target audience and customer satisfaction with the product will solve their problems.

Learn more about our Business Analysis Services.

FAQ

What is the role of a Business Analyst in a software development project?

A Business Analyst (BA) acts as a bridge between the client and the development team. Their main role is to identify business needs, conduct market and user research, and translate client goals into clear, actionable technical requirements. This ensures the final product aligns with both business objectives and user expectations.

How can Business Analysis reduce risks in product development?

By involving a BA early in the development process, you can minimize miscommunication, prevent scope creep, and avoid building features that don’t serve user needs. A BA helps validate assumptions, streamline requirements, and spot potential market or usability issues before they impact time or budget.

When should I involve a Business Analyst in my project?

Ideally, a Business Analyst should be involved from the very beginning during the discovery or planning phase. Early engagement allows for better market and user research, helps shape the product roadmap, and ensures your vision is accurately translated into technical specifications that developers can implement efficiently.

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