Why You Need a Business Analyst on Your Software Project
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.
Our Business Analysis Services
Strategy Analysis
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.
Software Audit
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.
Need a Consultation? Talk to Us
Contact NowFollowing 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.
Requirements Analysis
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.
Design Definition
We consider available resources and constraints to further define design options, describe potential value, and recommend a solution to address the previously outlined requirements.
Solution Evaluation
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.
Business Analysis for Predictable Results in IT Projects
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.
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
Change
Our BAs identify, assess, and support the implementation of changes that impact systems, processes, or organizational structures.
Need
We work to understand business objectives, requirements, and constraints to ensure that your solution aligns with the identified needs.
Solution
During the BA process, we assess alternative options for your solution and make sure that the one you get is feasible and effective.
Stakeholder
Our team understands that smooth communication is crucial for success and facilitates collaboration at every stage.
Value
With our BA services, you’ll have all the benefits, costs, and risks laid out to add maximum value and improve decision-making.
Context
We consider factors like organizational culture, industry regulations, and external influences that may impact the success of a project.
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.
Documenting Requirements
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.
Managing Changes
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.
It Always Starts with a Conversation
LET’S TALKKey Principles of BA We Rely On
Predictability
We use historical data, industry benchmarks, and expert judgment to make project results more predictable and anticipate timelines and potential challenges.
Transparency
We support clarity in our communication and decision-making to ensure that all stakeholders have a clear understanding of project goals and progress.
Trustworthiness
We maintain trust and offer our business analysis solutions under the principle of reliability, competence, and commitment to delivering business value.
What Our Clients Say
The solution has dramatically reduced manual requirements and improved operational scalability. With a vested interest in product efficacy, Velvetech strove to understand business needs and readily proposed valuable, experienced ideas. Organized project management enabled a cooperative partnership.
We didn’t have the resources in-house to accelerate our opportunities, and we would still not be to market if we hadn’t gone to a very capable outside contractor to help to accelerate our process. Velvetech were very articulate, polite and professional. We’re very pleased with our working relationship with Velvetech and hope they can be part of our operation into the foreseeable future.
I just want to express how satisfied I am with the Velvetech team. As a prior DIO working with many offshore teams including teams I built and managed, the Velvetech team has been the most pleasant and easiest to work with. Everything from communication, documents, code quality, and understanding of our requirements has been top-notch.
Velvetech has proved invaluable in helping us create a product that did not exist and figuring out all the minor details that would go along with the software. They are innovative, smart, and agile. As a startup founder, I can report that their comprehensive service will absolutely get you from business plan to a functioning company.
Runners High Studio
I would recommend Velvetech services because through the entire process of our project we felt well informed, listened to, and had full confidence in the technical ability of the team. Additionally, we appreciate the responsiveness and value.
DataGuard USA
Business Analysis Tools We Use
Communication Tools
- Microsoft Teams
- Slack
- Zoom
- GoTo Meeting
Collaboration Tools
- Confluence
- Asana
- Jira
- Trello
Prototyping and Modeling Tools
- Lucidchart
- Balsamiq
- Pencil
- Microsoft Visio
Ready to Innovate and Advance with Us?
LET’S TALKIIBA-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
