The main activities of business analysis services include understanding the business environment and problem identification. As an extra service, market and competitor analysis can be performed. All these conducted analyses, polls, workshops with the client, etc., help produce the best possible solution according to market and business needs.
Generally, the essentials of business analysis services relate to providing reliable information from a solid analysis of the market, business, and product environments for the right decisions for software implementation, design, and further scalability. Thus, it is important to analyze the current state of the business and form strategies that improve operations, increase ROI, form new directions, and so on. As well, as a part of business analysis services, potential risks are assessed, further controlled, and mitigated.