Business Analysis is an essential component of IT development, as it involves gathering and analyzing data to identify problems, trends, and opportunities. It is also an important tool for understanding customer needs, making decisions, and improving organizational performance.
Business Analysis has its roots in the fields of economics and management science, but its modern form has evolved over the past few decades. The term was first used in the 1980s and has since become an integral part of IT development.
Business Analysis is the process of analyzing data to identify problems, trends, and opportunities. It involves gathering data from various sources and analyzing it to gain insight into the organization’s processes and performance. The goal of Business Analysis is to identify areas for improvement and develop strategies to address them.
Business Analysis typically involves the following steps:
The process of Business Analysis can be used to understand customer needs, make decisions, and improve organizational performance.
Business Analysis is often combined with other techniques, such as project management, customer service, and market research. This allows for a more comprehensive approach to understanding customer needs and developing strategies to address them.