Predicting the near future is quite precarious. However, predicated on long-term tendencies, we can foretell to an extent what to expect in the immediate future. Will the demand for business-evaluation work fall? Or does it increase? Will AI dominate the task of a business analyst? Will the opportunities to grow and reduce for business analysts?
Will our lives be better or worse? Organizations, the world over, struggle with legacy applications which they got developed. Legacy in-house applications require significant maintenance costs and are difficult to update with respect to new technology. The marketplace for the products, especially products available as ‘Software BEING A Service’ (SAAS) has significantly increased during the last 20 years. This tendency shall continue to increase, and organizations shall be able to use a sizable number of products available over the cloud-based environments.
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This change from building software to renting the software will require a different kind of skills from the BAs. Business analysts need to understand the purchase price features, compare products, concerning how the products incorporate between themselves and with the legacy applications. Business evaluation will have significantly more to do with integrating applications than making applications.
The dominance of agile on projects is nearly 100%. Whichever client we interact with, any of them are considering the waterfall development model anymore hardly. Business analysts who stick to the old ways of development will find it difficult to work. It is essential that every business analyst must adapt themselves to working in the new agile environment.
When we talk of digital technology, the 5 key ones are Social media marketing, Mobile, Analytics, Cloud, and Sensors (IoT). Let’s discuss the impact of every of these digital technologies on business analysis. The rise of cultural media provides great power to an enterprise to sell and market their products. Organizations are leveraging digital media progressively. Business analysts will be asked to do projects that would enable the organizations to leverage new digital media channels. Mobile devices are taking over from desktop and laptop computers gradually. This is going to be always a long-term feature for businesses hereon.
Users will be primarily using mobile devices as it allows them versatility. Applications that have been designed in the legacy environment need to be migrated to the mobile platforms. This provides a platform for the business analysts to visit and speak to the businesses and work out how all the applications developed over the last century may also be made mobile allowed.
Analytics is another interesting field which is growing very rapidly. As the web, cloud, and IoT, systems collect a larger amount of data increasingly, the need for analytics will continue steadily to rise. This will be a fantastic opportunity for business analysts to begin leveraging the power of analytics. Of course, this will demand adequate re-training and re-skilling on the right part of the BA, as many of them might not be familiar with the statistical and analytical methods.
But I am 100% confident that a lot of business analyst would make great analytics experts as they already have a deep understanding of business and technology. Similarly, organizations are more open up towards adopting cloud-based approaches to deployment now. Cloud provides extremely stable and scalable IT infrastructure at an extremely reasonable cost. This again requires a complete great deal of work to be able to move legacy applications from on-premise deployment to cloud-based deployment. Sensors too will bring a lot of automation possibilities which was earlier considered extremely difficult.
= $ =p>Sensors shall, health care, building management, autonomous vehicles, and many industrial scenarios. ‘Building to purchasing to letting’ software. The abilities are certainly different as the rise of the digital period demands a different kind of skill set than what we should are traditionally used to. A number of the skills though will continue to have great relevance.
Behavioral skills, communication skills, stakeholder management skills, etc., which were a right area of the BA learning process, would continue to pay very wealthy dividends. The specialized skills, on the other hands, would require a complete changeover from what we have known in the past. Another good news for BAs would be that the organizations probably, in accordance with the days and owing to improved infrastructure, may most probably to dealing with a remote supervisor.