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Business Analysis IT

Business analysis involves identifying business needs and determining solutions to problems. It follows a structured process including understanding the business, analyzing requirements, and identifying solutions. The goals are to reduce waste, create solutions, complete projects on time, and improve efficiency. Business analysis occurs at multiple tiers from strategic planning to technical implementation. It is important for developing software solutions by identifying customer needs. Key tools used in business analysis include IBM SPSS for predictive analytics, SAP for enterprise resource planning, and TIBCO Spotfire for data visualization and dashboarding.

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Prateek Chaturvedi
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205 views15 pages

Business Analysis IT

Business analysis involves identifying business needs and determining solutions to problems. It follows a structured process including understanding the business, analyzing requirements, and identifying solutions. The goals are to reduce waste, create solutions, complete projects on time, and improve efficiency. Business analysis occurs at multiple tiers from strategic planning to technical implementation. It is important for developing software solutions by identifying customer needs. Key tools used in business analysis include IBM SPSS for predictive analytics, SAP for enterprise resource planning, and TIBCO Spotfire for data visualization and dashboarding.

Uploaded by

Prateek Chaturvedi
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Business Analysis

SUBMITTED BY:
KUSHAL DUGAR 2010285
SAURABH AGARWAL 2010287
PRATEEK CHATURVEDI 2010295
What is Business Analysis

“Business analysis is the discipline of


identifying business needs and determining
solutions to business problems.”
Business Analysis Process
We follow a structured business analysis process. It
consists of the following:
Understanding the business
Analyzing competition
Analyzing the market
Defining and scoping the project
Gathering requirements
Analyzing and documenting requirements
Communicating requirements
Identifying a solution
Verifying that the solution meets the requirements
Goals Of Business Analysis
Business analysis want to achieve the following outcomes:
Reduce waste of time

Create solutions

Complete projects on time

Improve efficiency

Document the right requirements


Tiers of Business Analysis
Planning Strategically - The analysis of the
organization's strategic business needs
Operating/Business Model Analysis - The definition and
analysis of the organization's policies and market
business approaches
Process Definition and Design - The business process
modeling (often developed through process modeling
and design)
IT/Technical Business Analysis - The interpretation of
business rules and requirements for technical systems
(generally IT)
Business Analysis in IT
Business Analysis is one of the most important steps
in developing a software solution.

 It is crucial in identifying the business needs of


customers and other stakeholders in order to determine
appropriate solutions to their business problems.

IT business analysis responsibilities can reside in


various corporate functions and departments, such as
operations, product development, information systems
and finance.
Business Analyst
A person who analyzes the operations of a department
in order to develop a solution to its problems.

The job of business analyst also can fall under many


different titles:
 Business systems analyst
 Computer systems analyst
 Information systems analyst
 Systems analyst
Business Analyst
The business analyst's primary responsibilities are
gathering requirements for designing business
information systems, modifying systems to improve
production or workflow, deploying new applications or
expanding systems to serve new purposes.
WHY IS INFORMATION
TECHNOLOGY IMPORTANT IN
BUSINESS?
Information technology is useful in ensuring the smooth functioning of all
the departments in a company such as the human resource department,
finance department, manufacturing department and also in security
related purposes.

The software applications and the hardware devices are known to be the
main elements of the use of information technology.

The web browsers, the operating systems, ERP's and special purpose
applications are the software which are used in information technology.
Information technology plays an important role in easily solving
the mathematical problems and also in the project management
system.

 Information technology has a great use in the automated


production of sensitive information, automated up gradation of
the important business processes and the automated streamlining
of the various business processes.

Information technology has also played an important role in the


areas of communication and automated administration of entire
systems.
Implimentation of IT in BA
IBM SPSS

SAP

TIBCO spotfire platform


IBM SPSS
Predictive Analytics Software, PASW, is the new name
for the complete portfolio of SPSS Predictive
Analytics products.
PASW Modeller is an industry-leading data mining
solution that helps organizations understand people's
past behaviour and predict future behaviour.
Using PASW Modeller, analysts and business users
can access data from various sources across the
organization to quickly and easily produce, evaluate,
and deploy analytical models.
SAP
Founded in 1972,has sales and development locations in 50
countries across the globe.

As the world's leading provider of business software, SAP


delivers products and services that help accelerate business
innovation for its customers.

SAP defines business software as comprising enterprise


resource planning and related applications such as supply
chain management, customer relationship management,
product life-cycle management, and supplier relationship
management.
TIBCO Spotfire Platform
TIBCO Spotfire Analytics provides an incredibly fast and
flexible environment for analyzing critical data to help us and
our organization make better and smarter decisions.

Spotfire Analytics is a single platform that spans the spectrum


from rapid ad-hoc analysis to building custom analytic
applications, from analyzing spreadsheet and database data to
real-time and event-driven data, and from desktop-based data
exploration to widely distributed web-based interactive
dashboards.
http://ondemand.spotfire.com/Public/ViewAnalysis.aspx?file=P
ublic/Finance%20Analytics&waid=c0e340b67898661496f99-a
8e7
Thank You

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