Business intelligence and business analytics services involve assessing your current business situation and finding areas for improvement with a software solution. They help businesses understand current realities and build a relevant product based on them.
Creating a product requires making crucial decisions that influence all subsequent processes and outcomes. The key to making informed decisions lies in basing them on data. This is where business analytics services become invaluable. It produces data-driven insights, significantly enhancing the quality of your decision-making. Unlike scenarios where you rely on limited information, business intelligence and business analytics services involve the collection, analysis, and strategic use of vast amounts of data.
This detailed analysis plays a crucial role in defining and detailing specific aspects of your project. The data derived from this analysis is then applied to project development. Having access to such analytical insights enables developers to avoid frequent modifications, an issue that often occurs when analytics are insufficient and team members lack a clear understanding. These services are essential in helping you determine the most optimal budget and timeline tailored to your project’s needs.
In addition, business analysis also involves gaining insights into market trends, competitors, user experience, and behavior. You can identify chances to improve customer satisfaction and loyalty. Business analytics services can also facilitate efficient strategic planning and the setting of realistic objectives, enable more effective resource allocation, and allow you to concentrate efforts on the most crucial areas.
The insights gained from a business analysis services company are invaluable across various stages of development: UI/UX designers use them to craft prototypes, developers to comprehend the system’s logic, and testers to ensure the system functions correctly. Ultimately, business analysis not only enhance development efficiency but also provides consistent support to the team throughout the entire project lifecycle.
Benefits From Business Analysis Services
Working with a business analysis company is an integral part of the discovery phase. The data received from it helps set a solid basis for essential aspects, such as UI/UX design, QA, communication between stakeholders, and many others.
Goal-oriented development
Get your product built considering your business goals
Competitor analysis
Find your unique features and advantages leveraging competitor analysis
Project improvement
Get valuable insights on improving or expanding your project
Scope of work
Receive a well-defined and clear scope of work to avoid unpredictable situations
Technical feasibility
Get all the technical aspects evaluated and asses your project feasibility
Project documentation
Get structured project documentation to ensure its high quality
Faster development
Optimize the development time by prioritizing and reducing extra features
Cost optimization
Reduce expenses by discovering more cost-efficient solutions
Architecture
Get your project’s architecture well-thought-out in the very beginning
Clear communication
Bridge the communication gap between stakeholders and development teams
Reduced rework
Avoid rework by clearly defining the requirements for your project
Product-market fit
Ensure you have found a great product-market fit
Monetization tools
Find suitable monetization approaches for your project
Marketing
Leverage marketing for your project planning
User motivation
Have your users motivations defined and properly implemented
SEO optimization
Determine SEO optimization strategies before the development phase
Logic
Have the logic of your whole project and its parts properly designed
Work Process
The business analysis process encompasses various stages, each requiring a specific team composition. It’s important to note that the workflow may vary according to the unique requirements of each project.
1
Requirements gathering
This stage focuses on understanding the business context and collecting requirements from the client.
Team:
Business Analyst
Project Manager
2
Planning
Involves creating a comprehensive business analysis plan, defining goals, timelines, and budget.
Team:
Business Analyst
Project Manager
3
User personas and empathy map
We create user personas and describe their characteristics and the problems they face.
Team:
Business Analyst
Project Manager
4
Competitor analysis
We conduct an analysis of competitors, identifying their strengths and weaknesses.
Team:
Business Analyst
Project Managerr
5
Business analysis
Involves researching and assessing information about the project’s current status and exploring potential solutions, including a SWOT analysis.
Team:
Business Analyst
Project Manager
Solution Architect
6
Modeling and structuring the findings
The final stage is to create detailed documentation, diagrams, and models based on the research findings.
Team:
Business Analyst
Project Manager
Solution Architect
Our Clients
We develop large projects for clients across 27 countries, a significant number of which are featured on the Fortune 500 list.
When do you need Business Analytics Services?
Business analytics service providers help companies fill gaps in knowledge and experience by conducting in-depth research and organizing and visualizing its findings.
Consider when:
Project concept
You need to come up with a concept for your project
Risk mitigation
You want to minimize risks to the fullest extent possible
Product market fit
You need help developing a product market fit
Timely delivery
You want to streamline project development and deliver on time
Optimized spending
You want to define cost-saving opportunities and speed up development
Improving UI/UX
You plan to make your product more appealing and convenient to use
Decision-making
You need to get data-driven insights on your product to make informed decisions
Operational inefficiencies
Your work processes need constant revision and optimization
Superficial IT expertise
You are an offline entrepreneur who knows your market only
Lack of visibility
You want to achieve a comprehensive view of your project
Customer retainment
You need to identify the reasons for customer churn to avoid them
Market insight
You lack the proper understanding of your market
Target audience
You want to analyze your target market more profoundly
A huge internal system for managing sales, marketing and services. The system contains around 100 modules and is integrated with all other IT systems used by the company, including accounting, warehouse, CRM, etc.
Development of a modern social network by implementing an easy-to-use interface and an up-to-date design. A wide range of functionalities, including relevant possibilities for users and official dealers, was thought out. Also, the social network contains a section for communication, training, search and selection of companies in the field of sales, services, etc.
Central Spa and Pool Supply Ltd. is a wholesale distributor of hot tub and swimming pool products and accessories with a reputation throughout Canada. Central Spa provides one-stop shopping convenience to the spa and pool industry dealers and service technicians.
AI-powered video and document translation tool in over 70 languages. This service comes highly recommended by YouTube for video translations and subtitling.
Country Helper is a user-friendly travel planning service that not only suggests activities and attractions in your chosen destination but also features a smart AI guide. This advanced AI guide provides instant answers to your questions about specific attractions or tourist sites, offering detailed information and personalized recommendations.
Creating a tailored medical platform for research and evidence retrieval for a Dutch company. The service offers smart AI-powered assistance, providing detailed answers and insights on specific medical topics, cases, or research areas.
Why Choose SECL Group for Business Analysis Services?
Having decades of experience in software development, we have expertise in different domains and technologies. These are the key reasons to partner with us for service business analysis.
Hundreds of projects
We have successfully completed hundreds of projects for our clients
Different domains
We have expertise in many domains, such as retail, automotive, IT and telecom
Enterprise-grade projects
We have solved complex challenges for our enterprise clients
Best practices
We apply best practices our business analysis services
Own startup
We performed business analysis for our own product we built from scratch
Detailed documentation
We offer a comprehensive documentation that meets international standards
Projects for Kia, PepsiCo, Danone
We performed business analysis for Kia, Danone, Mazda, Pepsi, Tennet, and others
Dynamic prototypes
We support documentation with dynamic prototypes
Long-term engagement
Our BAs work with the team during the entire project lifecycle and guide them
BAs with technical skills
We have BAs with technical background for complex projects
Analysts with design background
Our BAs have design background and can help design effective interfaces
SEO and marketing
We incorporate SEO and marketing into business analysis
Monetization strategies
We help decide on the effective monetization strategies for your project
Experience with startups
We have vast experience working with startups
Product managers
We have product managers whose expertise startups can leverage
Diverse tech stack
We specialize in Python-, PHP-, and JS-based technologies
Team of 70+ specialists
We have a full-time team of 70+ software developers
82% senior engineers
We have an 82% seniority level in our team
Flexibility
We align business analysis with your specific objectives
Management
We offer efficient and business analysis management
Presence since 2005
We have been in the software development market since 2005
Fortune 500 clients
We have experience working with Fortune 500 companies
Experienced analysts
We have senior analysts and tech leads with 10+ years of experience
Integration documentation
We offer documentation not only on the system but on each integration individually
Our Awards
Authoritative Design Award
Behance Interaction Award
Technologies
We choose the technology stack for every software development project individually. Here are those we specialize in.
This part includes detailed answers to the questions regarding business analysis consulting services. If you have others, contact us and we will discuss them.
Why are business analysis services important in software development?
These services are essential to ensure that your software solution aligns with your business needs and goals. A software business analyst works as an intermediary between the client and the software development team. They help turn business requirements into tasks software engineers can work on.
How long does it take to complete business analysis?
The duration of BA services depends on project complexity, scope, and specific client’s requirements. For smaller projects, this process might take weeks, while large-scale solutions could require months. Communication between stakeholders and BAs is key to its timely completion. If you want to learn more about the business intelligence analysis duration for your project, contact us and let’s discuss it.
When is business analysis necessary?
Business analysis development is an essential part of building new solutions, improving existing ones, or optimizing them. This process helps provide clients with ways to avoid unpredictable situations, such as costly changes and redundant iterations and ensure that the project fits your business expectations and objectives.
This website uses cookies
SECL Group uses different types of cookies. You may delete & block all cookies from the site as described in our cookie policy.
USA
UA
NL
