What is business analytics?
Business analysis is a process that identifies a company’s needs and then plans to meet them. The business analyst penetrates deep into the company, getting to know it from the inside out, and consults with the owner and those responsible for the various departments, at the end creating a document containing a complete picture of the company. The analysis makes it possible to identify those elements of the business that can be successfully automated and streamlined.
Benefits of the business analysis
Often we encounter a situation where those involved in business do not see many problems because they interact with them on a daily basis. A business analysis carried out by an outsider, allows one to see the shortcomings in the organizational structure. After eliminating them, it turns out that the company recovers a considerable amount of resources in a short period of time, which it can then allocate to other areas of the business.
In addition, by learning the actual picture of the company, we also gain insight into the weaknesses and strengths. Such knowledge makes it possible to make the management team aware of what elements need improvement and design a path to solve the problems.
If you are thinking of scaling your business, deciding to use a business analysis is the first step to improving your company. It will help you spot opportunities and threats, and give you data on which to base your next steps.
What does business analysis consist of?
We are a technology company specializing in the development of modern software. In our work, we focus on constructing simple processes based on tools that work efficiently, as well as cause employees to be happy while performing their daily duties.
We have experience working with companies in a wide variety of industries, and are up-to-date with current concepts in business.
The analysis document itself includes such sections as:
- a list of the company’s processes and an analysis of the resources required for its operation,
- a report on imperfections in the company’s operations,
- analysis of the competition,
- specific proposals for improving the operation of the enterprise, optimization of resources,
- a report on equipment and technologies used by employees,
- a proposal for specific measures to improve daily processes.
Streamlining business with technology
Business analysis is the starting point for implementing improvements in a company through technology. By combining the business with the company’s technology, you will easily regain a considerable amount of resources, which you will be able to place in other areas of the company.
The implementation of modern technology is possible in virtually any enterprise regardless of its business profile. No matter what industry you specialize in, you are sure to find it to your advantage.
Conducting a business analysis
At WeAstronauts, we provide business analysis services based on a proven process of action. Years of experience translate into proven processes responsible for smooth analysis and specific action proposals. As a result, our analytics team effectively detects and analyzes current trends and patterns, plans and forecasts demand, and anticipates opportunities and threats. If you are interested in business analysis, please contact us via the contact form and find out what we can do for you.
Business analysis is a powerful tool in the hands of any entrepreneur who chooses to use it. If you entrust this process to analysts with experience, you will get a complete assessment of your business processes. This will give you a broader view of the issue and avoid many mistakes in decision-making. If your company has already been on the market for a while and you are keen on its further development while saving resources, outsourcing a business analysis may be a shot in the “10” for you.