To be upgraded, to be more technically sound is not the only solution for being at the higher mark than the competitors. A proper and appropriate business analytics solutions brought by the like-minded business analyst is the true essence of any company. Business analysts help the companies for taking necessary steps to transform their services and be digitally enabled organisations. They bring the relevant change in the enterprise with the digital transformation solutions; but there comes a question, what is the true value and scope of Digital Transformation?
What is Digital Transformation?
Digital Transformation is the application of new technologies in the company workforce for leveraging their work. The various technologies that are helping in the path of digital transformation are IoT (Internet of Things), AI (artificial intelligence), Mobility solution, Cloud and Blockchain. These technologies bring the necessary change on the traditional practices in the enterprises working model with a profound scenario. The famous example is Uber that has changed the taxi booking services to a great extent.
Who are the Business Analysts?
Business Analysts are the professionals that deliver appropriate business value, they are the trusted advisors for adapting a change in the organization. With the understanding of customers, competitors, and the knowledge of trending and upcoming technologies they are the professionals in need of sustaining in today’s business world. With the dynamic world, even BA professionals need to be updated with latest technologies, and various agile approaches.
Business Analysis comprises four level of analysis. It includes:
– Strategic Planning – This includes evaluation of strategic activities the company must have.
– Business / Operation Model Analysis – This includes identification as well as evaluation of the policies and procedures of the organization to do the business.
– Process Definition & Design – This includes the modelling of the business process that is the outcome of process design and modelling.
– IT & Technology Business Analysis – This comprises the rules as well as needs for the technical systems that are compassed to the IT segment.
What are the segments of Business Analysis?
Business Analysis is the core of any company that requires a vast responsibility which is vital for the maximum customer satisfaction and proper business growth. The various traits of Business Analyst include:
– Understanding the Business Requirement
– Analyzing various possibilities of the system
– Good public speaking ability
– Able to elaborate the project detail
– Support till the project implementation
– Understanding of functional and nonfunctional requirement
– User Acceptance testing
– Good technical writing, Decision making and Problem-solving ability
– Team builders
Good Business Analytics Solution for appropriate Digital Transformation
Digital Transformation in Healthcare:
An appropriate Business Analytics Solutions in the Healthcare sector has transformed it into the connected framework. Test reports are accessed online that reduce the time and manual workflow of the patient and the lab assistant, even the AI implementation in the making of artificial limbs had given a new hope to the life to the patients.
Digital Transformation in Retail
Business Analyst has also built the advanced version of the retail sector. A well informed BA process has digitally transformed the retail into e-retail, that help in more customer reach and seamless interaction with the techno-savvy customers. The retail business has also implemented AI, IoT, Design Engineering technologies to bring more productivity and existence in their business model.
Digital Transformation in Telecom
BA implied in Telecom has brought immense Digital Transformation in the telecom sector. Previously they were abiding by telecommunication service only but the futile competition has brought a digital change in their service scope. The telecom providers are now also focusing on media & entertainment, Wi-Fi service, TV operation, e-commerce and also building new concepts by utilization of IoT and AI.
Digital Transformation in HR
A huge analyzed digital transformation in the HR has resulted in more of the employees. Digital attendance, system monitoring, AI enabled HR questions. This digitization has imbibed a huge change in the company work environment.
Conclusion:
Market leaders are nowadays embracing more on the business analytics solutions for transformation process in any industry. BA professionals are the compositor of all the process and technological advancement in the current market trend. They imply the appropriate process in the organization workflow.
So to reform the enterprise an analytic business solution is implied with the appropriate digital transformation solutions.
