Please leave your contacts, we will send you our presentation by email
I consent to processing my personal data in order to send personalized marketing materials in accordance with the Privacy Policy.
The form has been successfully submitted! Please find further information in your mailbox.
Innowise Group is an international full-cycle software development company founded in 2007. We are a team of 1400+ IT professionals developing software for other professionals worldwide.
About us
Innowise Group is an international full-cycle software development company founded in 2007. We are a team of 1400+ IT professionals developing software for other professionals worldwide.

Professional business analysis services


Business analysis is a pivotal component of software development that is an essential bridge between the client and the team. It is a complex process that involves the investigation of the client's business needs and objectives, value estimation of the product, and composition of requirements specifications. Innowise Group has a number of certified business analysis professionals capable of leveraging industry-specific methodology and world best practices to identify opportunities for clients.

Does your project require a thorough business analysis to increase revenue?

What is business analysis in software development?

In software development, the business analysis includes detailed requirements elaboration that fully describe the behavior of the system and its functionality in order to have a complete description of the product and the work at hand. This process is possible after a rigorous study by a business analyst of the customer’s business, competitive solutions, and domain. The value of business analysis finds its embodiment in a range of functions.

ecology

Business idea and vision clarification

Our specialists explore the market niche a client operates to highlight growth points and form short and long-term performance strategies that will eventually help achieve business goals.

ecology

Industry and competitors analysis

Our customers work in Fintech, healthcare, entertainment, manufacturing, etc. In each case, the team of our dedicated BAs delve into a certain domain and find measures to bypass competitors.

ecology

Requirements engineering

A requirement is a business analysis core concept. Innowise Group elicits, analyzes, documents, models, validates and verifies requirements during their development phase.

ecology

Scope of work definition

Every project should describe the work and stages to be performed to complete the task. Our professionals establish timeframes, reports, milestones, and deliverables to make the process smooth and hassle-free.

ecology

Project documentation

It is crucial to record all the key details and cornerstones of the project, guidance, and instructions on how to implement it. Our business analysts provide clients with a full volume of transparent project documentation.

ecology

Prototyping and visualization

We strive to present the prototype of the developing product to estimate user experience and set a clear vision of the designed solution. Our team demonstrates the visual model of the solution to describe the benefits.

ecology

Backlog prioritization

All the epics, stories, and other items concerning the product should be prioritized. Our high-end remote experts capture the most valuable and essential tasks to execute and select the jobs that can be temporarily postponed.

ecology

Development support

Innowise Group adheres to the principles of support at each stage of the development cycle. And our BAs are no exception since they stay in touch with the customers and tackle the challenges between the project team and stakeholders.

ecology

User guides writing

Our BAs deliver comprehensive solutions for end users who may find it challenging to follow IT advances. They try to provide simple instructions and write guides that help users easily employ our clients’ products.

Why does one need a business analyst working on their product?

Sometimes it might be challenging for a client to put his or her ideas directly into technical directives. And the same might be true for a company’s dev team when it needs to provide a suitable technical solution based solely on business goals that do not have a direct relation to the development tools at hand.

A business analyst produces a comprehensive set of technical documentation based on the company’s wishes and goals as well as facilitates requirements communication so the dev team has everything it needs to make the best product for each particular business domain.

 

When it comes to software development it is of paramount importance to have a mutual understanding of goals, issues, and ways to resolve those. A business analyst keeps track of both requirements and ways to satisfy those so both the client and the dev team are in accord regarding project approaches.

What is the necessary set of features that a product needs to have in order to be sufficient to solve the upcoming issues and avoid overspending? Business analysis offers a body of techniques that enable a better understanding of the value of each product component so their sum is optimal in terms of value and costs.

 

A business analyst is the one who understands best that no matter how good the product is, its existence is futile if it doesn’t help achieve clients’ goals. So each business analysis activity aims to determine business goals first to ensure the suitability of applied technical solutions.

 

What does the dev team exactly do to achieve a client’s goals? A business owner can remain in complete control of the software production process by consulting a business analyst on the project timeline and current progress, as well as estimating the productiveness of work.

 

It is common to have requirements changed during the development. But how to prepare them in a way so that a client’s product does not lose its value and the costs do not increase drastically? A business analyst implements practices that enable the team to have changes in the requirements without significant time losses.

 

BA services we offer

It is impossible to imagine a software development process without business analysts. Their role should not be underestimated since they bring tangible value to the project. We at Innowise Group know the importance of competent BA professionals offering a range of business analysis services.

Business analysis consulting

We will assist clients in building a cost-effective state-of-the-art solution to achieve business goals and attain the required KPI.

Business niche analysis and risk assessment

Our analysts will explore the peculiarities of a customer’s business niches to reduce the odds of developing an irrelevant product.

Project discovery

At the project discovery phase, our dedicated professionals will optimize future costs and estimate potential benefits using market analysis.

System Requirement Specification (SRS) development

SRS is a document displaying all the details about the solution. By conducting this groundwork, we describe the features and behavior of the application.

Preparation of documentation

With the assistance of our BAs, businesses receive a solution tailored to peculiar needs and objectives, documented, predictable, and convenient for end users.

IT product ownership

Our company takes responsibility for clients’ products to adjust them to changing business environments and create road maps to meet marketing demands.

Project implementation and supervision

Innowise Group’s business analysts help structure IT projects seamlessly and trouble-free, including delivery assessment, execution order, and progress tracking.

Project health check

Our experts determine obvious and hidden hazards and flaws to eliminate them during the pre-launching stage with minimum time and human resources.

System analysis

We consider customer business as a complex dynamic system, and our remote BAs can generate an exemplary image of the future solution.

Does your business need a booster to leave competitors behind?

With our BA professionals, it is no big deal! Contact us

Business analysis expertise over a wide range of domains

image
Finance & banking
Our BAs with higher economic/financial education and extensive experience in banking leverage expertise within this domain. We utilize the best practice of designing finance & banking solutions to satisfy clients’ needs.
Finance & banking
image
eCommerce & retail
With the assistance of Innowise Group’s BAs, building a customized turnkey online shop or enterprise marketplace becomes an achievable objective to expand the target audience and enhance online purchases.
eCommerce & retail
image
Healthcare
Many of our BAs involved in medical-oriented projects have higher medical education. They know the most valuable and sensitive nuances of the Healthcare industry to launch a solution that will be in demand among hospitals and clinics.
Healthcare
image
Education
Our skillful specialists are familiar with educational systems to present a robust bespoke solution that makes the learning process cognitive and engaging with the help of eLearning applications.
Education
image
Insurance
Within this domain, Innowise Group’s BAs render assistance in coping with such complicated issues as insurance claims, think policy servicing, bills, and collections, as well as accounting to reinsurance.
Insurance
image
Business intelligence
Our professionals are committed to the principles of business process automation to optimize workflows and boost clients’ business on another level. They conduct data analysis and build data warehouses to operate big volumes of information.
Business intelligence
image
Manufacturing
Within this industry, our competent BA experts evaluate the business process, anticipate the technological requirements of the product, uncover the potential to grow, and assist in implementing solutions to refine the company’s performance.
Manufacturing
image
Supply chain
Innowise Grop’s savvy BAs have practical experience building trouble-proof supply chains that stay stable with great volumes of goods and do not crash if any supplier cannot satisfy the order in time.
Supply chain
image
Marketing & sales
If a customer struggles to find new areas to improve, our dedicated professionals will conduct marketing research to define measures to increase revenue and profitability, enhance brand perception and make the target audience more loyal.
Marketing & sales
image
HR & recruiting
Our specialists collect and compile metrics, statistics, and other HR data to make recommendations on retention, recruitment, onboarding, and legal compliance to hire relevant employees.
HR & recruiting
image
Media & entertainment
Many of our BA professionals have worked with radio, film, and television, hence they have the skills and experience to deliver effective communication channels with TV and radio, news agencies, music labels, and media publishers.
Media & entertainment
image
Blockchain
Innowise Group has a separate R&D department that covers the development of such complicated solutions as smart contracts, decentralized applications, blockchain ecosystems, CEX/DEX platforms, cryptocurrency wallets, etc.
Blockchain
image
Finance & banking
Our BAs with higher economic/financial education and extensive experience in banking leverage expertise within this domain. We utilize the best practice of designing finance & banking solutions to satisfy clients’ needs.
image
eCommerce & retail
With the assistance of Innowise Group’s BAs, building a customized turnkey online shop or enterprise marketplace becomes an achievable objective to expand the target audience and enhance online purchases.
image
Healthcare
Many of our BAs involved in medical-oriented projects have higher medical education. They know the most valuable and sensitive nuances of the Healthcare industry to launch a solution that will be in demand among hospitals and clinics.
image
Education
Our skillful specialists are familiar with educational systems to present a robust bespoke solution that makes the learning process cognitive and engaging with the help of eLearning applications.
image
Insurance
Within this domain, Innowise Group’s BAs render assistance in coping with such complicated issues as insurance claims, think policy servicing, bills, and collections, as well as accounting to reinsurance.
Insurance
image
Business intelligence
Our professionals are committed to the principles of business process automation to optimize workflows and boost clients’ business on another level. They conduct data analysis and build data warehouses to operate big volumes of information.
image
Manufacturing
Within this industry, our competent BA experts evaluate the business process, anticipate the technological requirements of the product, uncover the potential to grow, and assist in implementing solutions to refine the company’s performance.
Manufacturing
image
Supply chain
Innowise Grop’s savvy BAs have practical experience building trouble-proof supply chains that stay stable with great volumes of goods and do not crash if any supplier cannot satisfy the order in time.
Supply chain
image
Marketing & sales
If a customer struggles to find new areas to improve, our dedicated professionals will conduct marketing research to define measures to increase revenue and profitability, enhance brand perception and make the target audience more loyal.
Marketing & sales
image
HR & recruiting
Our specialists collect and compile metrics, statistics, and other HR data to make recommendations on retention, recruitment, onboarding, and legal compliance to hire relevant employees.
HR & recruiting
image
Media & entertainment
Many of our BA professionals have worked with radio, film, and television, hence they have the skills and experience to deliver effective communication channels with TV and radio, news agencies, music labels, and media publishers.
Media & entertainment
image
Blockchain
Innowise Group has a separate R&D department that covers the development of such complicated solutions as smart contracts, decentralized applications, blockchain ecosystems, CEX/DEX platforms, cryptocurrency wallets, etc.
Blockchain

Business analysis for business intelligence

Innowise Group’s BAs harness cutting-edge business intelligence tools that significantly boost business and cut operational costs. The combination of BI techniques allows us to build search dashboards that perform operational-revolutionary solution tasks, highlight problem areas, and easily manage the business.

How companies benefit from business analysis

Experienced business analysts at Innowise Group define BA deliverables, evaluate the feasibility, and provide permanent support in implementing the solution. Our business analysts walk the extra mile to bridge the gap between stakeholders and the project team with their superb ability to translate business language into technical dialects.

SMEs and large enterprises

We assist in

  • evaluating the existing product (website, application, etc.)
  • improving the ongoing business processes
  • performing digital transformation
  • integrating turnkey business services seamlessly

Start-ups

We assist in

  • carrying out market analysis and audit the project concept
  • offering technical and BA services
  • indicating core features and creating MVP
  • advising on how to reduce costs before the implementation stage

Cost and added value of business analysis services and consulting

Having a BA on the project is not an option but a necessity since they significantly contribute to the final projects’ success. We at Innowise Group have calculated that assigning affordable BA to the project is beneficial for the following reasons.

Do you want to be sure that your business processes are in full control?

Opt for Innowise Group’s business analysts.

Why hire a remote business analyst

Innowise Grop’s dedicated BAs provide expertise and proficiency proven by recurring clients. We leverage a deep, proactive approach and a broad outlook to facilitate the customers' pain. By hiring remote professionals from Innowise Group, clients will get a range of benefits.

education-project-image

Increased probability of project success

BA is an acknowledged specialist whose main goal is to reduce the impact of risks and unpredictability to 0. Our experts form the requirements that meet the technical capacities and fully satisfy customers’ needs.

education-project-image

Cost optimization

Our experienced BAs monitor the project's performance and advise on how to select the most suitable, scalable tools and technologies to deliver budget-friendly solutions..

education-project-image

Industry-focused expertise

Our certified business analysis professionals have deep knowledge and expertise in various industries, including FinTech, MedTech, eCommerce, Business Intelligence, Machine Learning, blockchain, Internet of Things, Virtual Reality, and other domains.

education-project-image

Stakeholders' time-saving

Innowise Group’s experts shrink the duration of the development process since they establish clear requirements for the final product, thus saving the client’s time.

Methods and techniques our business analysts master

Innowise Group’s business analysts utilize modern cutting-edge methods and techniques to present solutions customized to client’s needs. They master them daily and reach the level of expertise, enabling them to operate tasks of any complexity and scale. Go through the list of techniques below to ensure we are trustworthy in tackling BA issues.

  • Backlog management
  • Benchmarking and market analysis
  • Brainstorming
  • Business Model Canvas
  • Business rules analysis
  • Data dictionary
  • Data flow diagrams
  • Data modelling
  • Document analysis
  • Estimation
  • Functional decomposition
  • Glossary
  • Interface analysis
  • Interviews
  • Item tracking
  • Lessons learned
  • Mind mapping
  • Non-functional requirements Analysis
  • Prioritization
  • Process analysis
  • Process modelling
  • Prototyping
  • Risk analysis and management
  • Roles and permissions matrix
  • Scope modelling
  • Stakeholder list, map, or personas
  • State modelling
  • Use cases and scenarios
  • User stories
  • Workshops

Agile business analysis: roles and responsibilities

If a customer’s project uses Agile methodology, Innowise Group assigns Agile product owners and remote Scrum masters. PO is responsible for defining stories and prioritizing backlogs to streamline and manage teamwork. Scrum master interacts closely with PO by supervising the Agile development team and delegating tasks to the relevant team members.

“Business Analysis Department at Innowise Group is a center of first-class specialists covering all BA tasks - from requirements elicitation and business workflow modeling to change requests and risk management. We adhere to the principles of bringing the highest value to the customers so they can stick to sustainable development with encouraging perspectives”.
img
Alina Filatava
Head of BA Department at Innowise Group

Business analysis process

Our profound BAs stay tuned on every stage of the BA process, delivering fully-fledged services and solutions that comply with customers’ requirements and meet high technological standards.

01
Discover business needs and objectives
At this stage, our experts ascertain the stakeholders' expectations, elicit and validate requirements, and study auxiliary information concerning the certain industry to suggest tailor-made improvements corresponding to customers' desires.
02
Conduct market and competitor analysis
Launching an in-demand product that will find the market niche to bring revenue is impossible without market analysis. Our professionals conduct the research and identify the attainable objectives from a short and long-term perspective.
03
Design the project vision and scope
Our experts evaluate and confirm the path a future solution should take to fit the provided circumstances. They measure the resources required to meet the project's goals and establish time frames.
04
Draw sketches to visualize the solution
Stakeholders want to envision the final result, often in a fine illustrative form. We at Innowise Group use diagrams, schemes, and tables to present the draft or sketch of the solution that reflects the basic features and functionalities.
05
Define the scope of work
Our BAs determine MVP killer features that are useful and indispensable as well as detect subsidiary features that do not play a key role and can be replaced or abandoned after thorough economic justification.
06
Prepare work breakdown structure
We utilize templates that describe the project’s scope, including responsibilities, deliverables, and tasks. This leads to an accurate estimation of each phase’s results, hassle-free execution, and permanent supervision.
07
Prioritize product backlog
Our team marks the requirements (users’ stories) to make a steady sequence of development and deployment. BA assists in selecting tasks to focus efforts during the sprints.
08
Define and document detailed requirements
Innowise Group’s skilled BAs ensure that the requirements for the solution are clear, understandable, consistent, and not contradictory. They collect, review and validate deliverables to gain maximum effectiveness.
09
Support the project development
Our BA monitors and provides non-stop feedback from the customer. They clarify disputable moments and provide the full coverage of the SDLC with the opportunity to make quick corrections.
10
Participate in the solution enhancement
Our pool of broad-minded analysts is always ready to suggest improvements since they are deeply submerged into the industry's peculiarities and demands and ready to implement the best-fit tools into practice.

Available business analysts for hire

Lily M.
Middle Business Analyst 5+ years experience
SUMMARY
Middle Business Analyst with comprehensive experience working on 10+ projects including pre-sale activities with a systematic approach to business analysis and good understanding of algorithms and data structure
Request full CV
Anthony K.
Senior Business Analyst 4+ years of experience
SUMMARY
Business Analyst with 4+ years of work experience on a variety of projects in ERP, Banking, Cryptocurrency, AR, HRM, Blockchain, and Alternative Energy domains. Highly qualified in visual modeling and working in both Iterative and Agile models of software development
Request full CV
Julia S.
Senior Business Analyst 10+ years of experience
SUMMARY
Business Analyst over 10 years of experience in the fields of Blockchain, FinTech and Education projects. Mainly focused on strategic planning, business process modelling and improvement, requirements elicitation and analysis, prototyping, and risk management.
Request full CV
Laura T.
Senior Business Analyst 10+ years experience
SUMMARY
Specialist in the fintech domain, especially banking, with work experience over 10 years. Highly skilled at conducting research, preparing various artifacts, including Vision & Scope, user requirements, software requirements specification.
Request full CV
Helga P.
Middle Business Analyst 5+ years experience
SUMMARY
Business Analyst with a demonstrated history of working in the information technology and services industry. Skilled in requirements elicitation, analysis and documentation, creation of guides for both internal and external use.
Request full CV
Fill in the form to get a detailed CV
Upload file Valid files: jpg, jpeg, png, pdf, doc, docx, xls
  • 123

The total size of attachments should not exceed 10 MB.

Please be informed that when you click the Send button Innowise Group will process your personal data in accordance with our Privacy Policy for the purpose of providing you with appropriate information.

Thank you for your inquiry, our specialist will be in touch with you as soon as possible.

What our customers think

quotes icon

Innowise Group is one of the best partners the client works with. They always fulfill our requests by providing developers that meet the client’s specific language and experience-level requirements.

company's logo
Polina Shuruba Partner Manager XPRT MINDS
quotes icon

Innowise Group has completed many projects and consistently performs well on their tasks. Their results-driven approach allows them to quickly scale their efforts depending on the required deliverables.

company's logo
Joakim Rosen Lead Developer YouWish AS
quotes icon

Innowise Group’s work met all expectations. The team was efficient, prompt, and on top of their project deliverables. Customers can expect an experienced team that offers an array of business services.

company's logo
Alice Bodnar COO Atlas Guides

FAQ

Business analysis is needed before any software development project starts since it involves requirements elicitation and clarification.

Customers may need business analysis if they feel dissatisfaction with the current business process and realize the necessity to enhance and evolve.

A business analyst considers the customer’s suggestions and recommendations, as well as generates specifications and requirements, prioritizes the backlog, and supervises the development process in close connection with the customer. As a result, the client receives a turnkey, tailor-made solution.

 

These roles have a lot in common, and both share many similar responsibilities. To put it simply, PO focuses more on market or business strategy, while BA tackles inner issues (project documentation, road maps, etc.).

 

Scrum master is a facilitator in Agile projects. SM manages communications between team members and guarantees the timely execution of each job.

 

Need other services?

Audit and consulting
Our experienced consultants will ensure the relevance and proper use of technologies in your project.
Digital transformation
Innowise Group guides businesses and enterprises along their digital transformation path.
Custom software development
Innowise Group develops and implements a wide range of custom solutions for various industries.
IT staff augmentation
Opt for team augmentation services to expand your in-house expertise and facilitate the IT project process.
Business intelligence
Our teams enable data-driven decision-making for businesses by developing top BI solutions.
Big data
Innowise Group develops solutions that seamlessly operate big data arrays and give valuable insights.

Need a technological solution? Contact us

Select the subject of your inquiry

Please be informed that when you click the Send button Innowise Group will process your personal data in accordance with our Privacy Policy for the purpose of providing you with appropriate information.

What happens next?

1

Having received and processed your request, we will get back to you shortly to detail your project needs and sign an NDA to ensure the confidentiality of information.

2

After examining requirements, our analysts and developers devise a project proposal with the scope of works, team size, time, and cost estimates.

3

We arrange a meeting with you to discuss the offer and come to an agreement.

4

We sign a contract and start working on your project as quickly as possible.

Thank you!

Your message has been sent.
We’ll process your request and contact you back as soon as possible.

Subscribe
to our newsletter

By signing up you agree to our Terms of Use and Privacy Policy, including the use of cookies and transfer of your personal information.
arrow