BUSINESS ANALYTICS


Requiring straightforward automation of repetitive administrative tasks and conversion from paper to electronic data storage, IT projects of the 1970s and 1980s reaped significant financial rewards. "Systems Analysts" took responsibility for documenting existing manual paper based processes, identifying problems and new business requirements, and automating the processes through computerized systems. This provided significant cost savings also as improvements to business performance through access to electronic information in fractions of a second.

Throughout the late 1980s and 1990s, organizations evolved their IT systems to require further advantage of technology - but many projects did not deliver the specified benefits actually because of attention on delivering 'technology' at the expense of business needs. During this era , the role of the "Business Analyst" emerged requiring a deeper understanding of the business and therefore the development of relationships with stakeholders in the least levels. As business stakeholders became increasingly IT aware, the business analyst role evolved to support them in achieving their goals while constantly balancing conflicts between business needs and limited IT resources.

Business Analysts are liable for bridging the gap between IT and therefore the business using data analytics to assess processes, determine requirements and deliver data driven recommendations and reports to executive and stakeholders. Business Analysts have emerged to possess a key role in recent business scenarios. A business analyst is someone who analyses a corporation or business domain and documents its business or processes or systems, assessing the business model or its integration with technology.

A role of business analyst also can be defined as a bridge between the business problems and therefore the technology solutions. Business Analysis also support the event of coaching material, participates within the implementation and provides post-implementation support. this might involve the event of project plans, data flow diagrams and flow charts. Business Analysts also are liable for creating new models that support business decisions.


Types of Business Analysis:
  • Business Developer
  • Business Model Analysis
  • Process Design
  • System Analysis
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BA (BUSINESS ANALYTICS)

Business analysis training provides the requirements management. Someone who analyzes an organization and designs its processes and systems, assessing the business model and its integration with technology.

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