|We bring to you a unique combination of business processes & IT Analysis and experience in Insurance systems. The need for comprehensive business analysis was felt with the growing dependence of companies on custom applications built to meet their specific requirements as against purchased software. With our specialized consultants we provide Insurance covering Program implementation of enterprise wide applications and Business Process Consulting across the globe.
What is Business Analysis?
Business Analysis is defined as an investigation into the operations of an enterprise aimed at understanding every aspect of the enterprise's functioning including its processes, people and performance.
Business analysis also gives management business intelligence, and allows them to study business performance, explain shortfalls in performance and devise strategies for improvement.
Why Business Analysis?
Millions were being spent on designing and developing complex enterprise systems without giving enough attention to the processes and people who will ultimately use these systems. Enterprise IT solutions can be made more effective if the process of building them is preceded by a thorough and detailed business analysis.
Business Analysis Services
The following is the list of steps in the business analysis process :
• Understanding the business
• Competitor Analysis
• Market Analysis
• Defining Project Scope and Objectives
• Requirements Gathering
• Requirements Analysis and Documentation (BRD)
• Communicating Requirements
• Designing the Software Requirement Specification Solution (SRS)
• Implementation and Testing the Solution
• Business Data Modeling
Business Data Modeling helps the analyst understand and visually depict a business.
It also helps in developing Business Use Case Models, Business Analysis Models, Domain
Models and the organizational context for the Business.
The following diagram outlines the business analysis process followed while devising a business analysis software