Why You Need a Business Analyst on Your Software Project
THE ROLE OF BUSINESS ANALYSIS
Business analysis (BA) in software development is the essential process that incorporates defining business needs, validating project ideas and feasibility, and facilitating communication between you and the tech team. It ensures that your future solution is built in alignment with operational requirements and addresses initial goals.
At Velvetech, we are not just following the BABOK Guide that’s recognized globally as the standard of business analysis. We are certified as an Endorsed Education Provider by IIBA, and our BA professionals have earned core certifications like ECBA, CCBA, and CBAP — knowledge and skills that drive tangible results for our clients.
WHAT WE OFFER
Our Business Analysis Services
Through BA consulting and strategy development, we help companies assess the current state of the business, analyze market trends, and evaluate the overall vision to come up with effective solutions.
Business Process Mapping
We create detailed maps that illustrate the flow of activities, decision points, and interactions within a process to understand better current needs and opportunities and identify areas for improvement.
To improve your business processes, reduce costs, and find the perfect solution, our team conducts an audit of your existing software and assesses its licenses, usage, compliance, and overall efficiency.
Requirements Elicitation & Analysis
One of the key services our BA team provides is gathering and analyzing your needs and expectations to define functional and non-functional requirements and ensure predictable project results.
Prototyping and Wireframing
With prototypes and wireframes, we illustrate user interfaces and functionalities to show you how your product or system will look and feel and get you feedback early on to meet your expectations.
Risk Analysis and Mitigation
You can rely on our company and business analysis expertise to proactively manage challenges and mitigate risks, as our BAs will help you assess project threats and build a plan to address them.
Following the BABOK Areas of Knowledge
Planning and Monitoring
Our business analysts not only plan project activities and deliverables but also guide stakeholder engagement and information management, improving performance where needed.
Elicitation and Collaboration
We obtain the required information in detail from the stakeholders to thoroughly conduct elicitation, confirm results, and communicate them back, working together towards a common goal.
Requirement Lifecycle Management
This part of our business analysis services includes managing requirements across the entire lifecycle: we trace, maintain, prioritize, assess, and approve them to deliver exceptional results.
Our team of BAs uses matrices, tables, and diagrams to analyze requirements and validate them while developing requirements architecture and aligning all information at the key levels.
We consider available resources and constraints to further define design options, describe potential value, and recommend a solution to address the previously outlined requirements.
Business Analysts at Velvetech continuously measure and analyze the solution’s performance, assess its limitations, and suggest ways to improve its value for your business.
Feeling that your tech endeavors don’t always match your business goals and desired outcomes?
Watch our webinar to explore the best business analysis practices and techniques to bridge the gap between a vision and IT execution.
BENEFITS OF BA
Results You Get with Business Analysis
For Your Business
- Clearly defined business needs
- Well-aligned strategy
- Optimized costs
- Enhanced decision-making
For Your Project
- Project visibility and control
- Streamlined communications
- Structured project documentation
- Reduced project risks
For Your Product
- Agile product roadmap
- Validated idea feasibility
- Accelerated time-to-market
- Increased customer satisfaction
A Concept Behind Business Analysis
WHO WE WORK WITH
Aspiring to Support Your Business
Years of experience in delivering enterprise software allowed us to accumulate the right knowledge and skills that we apply for effective business analysis of complex enterprise-level projects.
We’ve become a strategic partner for many SMBs, providing them with tech consultancy, analysis, and development services, focusing on the solution’s scalability to support business growth.
We know what challenges you face as a startup and will help you manage any resource constraints, mitigate risks, and build an MVP first to validate your idea before developing a full-featured product.
Business Analysis Process We Follow
Identifying Project Stakeholders
As the first step, our team defines all the key project players to ensure comprehensive engagement and gather diverse perspectives throughout the project life cycle.
Defining Business Objectives
To guide the further development of requirements and set the direction for the entire development process, we clarify the goals and desired outcomes of the project.
Gathering and Eliciting Requirements
Next, we outline the functionalities and constraints your future solution should fulfill and define quality attributes such as performance, security, and usability.
We thoroughly document both functional and non-functional requirements to provide a clear and concise foundation for successful project implementation.
Modeling and Prototyping
Here, we build models and prototypes using flowcharts, wireframes, and mock-ups to help you visualize your solution, refine requirements, and validate design.
BA’s team systematically evaluates, approves, and incorporates changes into the project while making sure they don’t critically impact timelines and resources.
Supporting the Project through SDLC
Business Analysts keep supporting the project and collaborating with all stakeholders, providing clarifications and addressing any issues related to requirements.
Verifying and Validating the Solution
Finally, we review and assess the delivered solution, verifying that it is effective, meets high-quality standards, and is built in alignment with the intended goals.
How You Can Partner with Us
BA as a Part of Full-Cycle Development
From the initial project concept to final delivery, Business Analysts will support you throughout the entire software development lifecycle.
BA as a Part of a Dedicated Team
Integrate a Business Analyst into your project at any time — whether it’s BA consulting, a discovery phase, or ongoing product development.
Business Analysis as a Service
Leverage business analysis as a standalone service to benefit from its flexibility and scale up or down based on your project needs.
Key Principles of BA We Rely On
The project was to enhance user experience with the dental marketplace and streamline appointment scheduling for both patients and dental providers. In addition to functionality improvement, our team scrutinized each Practice Management System to ensure their seamless integration with the platform for a smooth experience.Read Now
Education Software Development
Velvetech collaborated with an education software provider to help them enhance teaching and learning experiences. Together with the client, our BA team identified opportunities for improvement and elaborated on the roadmap to build a solution for an optimized assessment process and student monitoring.
With deep expertise in the delivery of fintech solutions, Velvetech’s business analysts provided the client with a prototype of a SaaS investment platform that was further developed into a robust product. It helped Supervest bridge the gap between investors, MCA funding companies, and merchants seeking capital.Read Now
When the client turned to Velvetech, they relied on Excel spreadsheets to process data from dental and insurance companies. Our team built a custom solution that automated document management and report generation, with BA experts grasping the company’s pain points and providing a step-by-step project plan.Read Now
The client was looking to grow its website audience and enhance user engagement. For that, we analyzed their current solution and suggested redesigning it to add new functionality and improve performance. The work also included cloud migration and API creation to lay the ground for further mobile app development.Read Now
What Our Clients Say
Runners High Studio
Runners High Studio
Director of IT,
OUR TECH STACK
Business Analysis Tools We Use
- Microsoft Teams
- GoTo Meeting
Prototyping and Modeling Tools
- Microsoft Visio
IIBA-Certified Team of Experienced Professionals
With more than 20 years of software development experience behind, Velvetech has elaborated a robust approach to deliver tangible outcomes through the entire project lifecycle. We’re partnering with businesses from various industries to help them accelerate their tech initiatives.
Among the services our clients leverage are IT consulting and business analysis, which we provide to support the implementation of effective solutions. Our BA team uses the best practices and tools recommended by the IIBA to align technology with our client’s business objectives.
- Established BA Process
- Transparent Communication
- 3-Day Proof of Concept
- Agile Development Approach
- Full-Cycle Development Teams
- Flexible Engagement Models
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