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NLBusiness Analytics Services
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.
About Business Analytics Services
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
Competitor analysis
You lack an in-depth competitor research
Plan to start software development?
Include thorough business analysis into your discovery phase working with our qualified BAs and developers.
Our Software Development Standards
In our work, we follow international approaches and standards such as:
| Management: | PMP |
| Design: | ISO 9241-210 |
| Programming: | Coding conventions, MDN Web Docs, Naming convention |
| Python: | PEP 8 |
| JS/TS: | ECMA, JavaScript Standard Style, Google TypeScript Style Guide, ESLint |
| PHP: | PSR |
| С#: | ReSharper |
| HTML/CSS: | W3C |
| Security: | GDPR |
| Testing: | ISTQB |
Related Case Studies
Projects we are proud of
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.
Programming languages:
Web / Frameworks:
Databases / Data storage:
DevOps containers:
DevOps automation:
DevOps CI/CD:
DevOps monitoring:
Testing:
Clouds:
Industries
Core domains we specialize in
Additional domains we have experience in
FINANCE
REAL ESTATE
TRAVEL & HOSPITALITY
AGRICULTURE
MEDIA & PUBLISHING
And experience in over 20 other industries!
Results
All decisions are based on data, not intuition or assumptions
A set of long-term goals and your activities planned accordingly
Lower operational expenses with efficient planning and resource allocation
A competitive advantage with a deep understanding of the target audience
Your workflows are productive by eliminating process bottlenecks
Your solution is more relevant to market tendencies
A concept that is tailored to your project
Lowered risks and a product-market fit
An in-depth analysis of your competitors and an understanding of their weaknesses
FAQ
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.
SECL Group
USA
3524 Silverside Road 35B,Wilmington, Delaware
19810-4929 info@seclgroup.com + 1 (929) 214-12-70
SECL Group
Netherlands
Herengracht 551,1017 BW Amsterdam
r.schrama@seclgroup.nl +31 (0) 684-55-8776
SECL Group
Sweden
Malmskillnadsgatan 44a,111 57 Stockholm
b.hultman@seclgroup.com +46 (0) 707-74-4190
SECL Group
Ukraine
23 Dmytra Bortnyan-s’koho St., Lviv 79039
info@seclgroup.com +380 (44) 389-90-39
