Business analysts assess a company’s structure, including sales, marketing, management, accounting, systems management, facilities, and manpower. They offer suggestions to improve efficiency and profitability. IT business analysts specialize in assessing a company’s IT infrastructure and offer advice on integrating system components or migrating to new software. They can take anywhere from a few days to a year to complete a detailed analysis and may stay on board to implement updates or enhancements.
Business analysts are business professionals who are concerned with assessing the overall structure of a given business, including such important facets as sales and marketing, management, accounting, systems management, facilities and manpower. The range of analysts ranges from an accounting business analyst to an IT business analyst. After making an objective assessment, the business analyst usually offers constructive suggestions on how to improve the efficiency of specific areas of the company, with a view to increasing the stability and profitability of the company.
For many years, a business analyst would apply general principles to virtually every type of company, regardless of industry affiliation. To some extent, this was generally successful, as the basic principles around risk management, communication processes, labor utilization, and process management translate to virtually any business environment. When computer technology emerged in the mid-20th century, the IT business analyst emerged as a way to help companies convert to using electronic data rather than relying strictly on traditional methods. Today, many business analysts continue to provide this level of service throughout the business community, often helping many struggling companies make changes that put the operation on a better footing.
In recent times, it is not uncommon to find a business analyst who focuses on a specific industry or a limited set of business functions. A modern example is the business analyst who specializes in assessing a company’s information technology infrastructure. The IT business analyst tends to focus on the quality of the computer hardware used in each department of the company, the efficiency of the network that links all sections and locations of the company, and the efficiency with which information flows from one area to another using software and databases. Often, the IT business analyst who specializes in IT functions is able to offer constructive advice on how to integrate one or more system components or possibly migrate to a new software package or network. This is done with the aim of optimizing the flow of data and improving the company’s bottom line as a result.
An IT business analyst can require anywhere from a few days to a year to complete a detailed analysis of a company and develop a comprehensive report that identifies strengths, weaknesses and suggested changes. In some cases, an IT business analyst may choose to hire the customer to stay on board while updates or enhancements are implemented.
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