A business analyst can help make viable changes to help improve efficiencies by helping to bridge the gap between IT and the business. They leverage data analytics to assess processes and determine requirements to deliver data-driven recommendations to key stakeholders. They not only improve efficiency, they add value by reducing costs and facilitating an increase in ROI.
Business analysts help guide businesses in improving processes, products, services and software through data analysis. Engaging with key stakeholders, they take a data driven approach to recommend improvements to help improve efficiencies whilst also understanding what is technologically feasible. Some of their responsibilities include, but are not limited to:
There are several reasons why now might be the time to hire a business analyst. This includes:
Time — If you are short on time and resource, but have multiple projects that can help increase your bottom line, a business analyst can help give focus and help identify which one is more likely to achieve the companies goals and can help push it forward.
Skills/knowledge — They work closely with you to understand your business and your goals, to help you achieve those, whilst ensuring you hit your budget goals. Using a data driven approach they bring industry knowledge from working across multi projects, so have the experience needed to help grow your business.
Ideas —By bringing in someone new, with experience, can help bring a new perspective to your business and your project, helping position your company in its best possible light.
Save money— A large part of their role is to reduce costs. The do this by reducing project rework, identifying and implementing more cost-effective solutions.
Freelance business analysts have a wide variety of skills. The most common attributes found in elite strategists include:
Each of our strategy experts have been manually vetted by our dedicated onboarding team to ensure they have the right skills and experience to be considered an elite Freelancer. They have their own profile that outlines their skills and experience, giving you the opportunity to review this to ensure they have the right background for your project.
Our contracted rates for business analysts in 2019 ranged between £400 and £450, with the average day rate being £400.