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Business Analyst

0.00 to 2.00 Years   Hyderabad   04 Jun, 2023
Job LocationHyderabad
EducationNot Mentioned
SalaryRs 3.0 - 6 Lakh/Yr
IndustryIT - Hardware / Networking
Functional AreaSector / Business Research
EmploymentTypeFull-time

Job Description

    1. Conducting research and analysis of the hardware industry to identify market trends, competition and growth opportunities.
    2. Eliciting requirements from stakeholders to define project scope and ensure alignment with business goals.
    3. Identifying and analyzing inefficiencies in business processes, and recommending process improvements to increase efficiency.
    4. Identifying and assessing potential risks associated with hardware projects, and implementing strategies to mitigate those risks.
    5. Conducting financial analysis of hardware projects to determine feasibility and support decision making.
    6. Analyzing competitors products, strategies, and market position to gain a competitive advantage.
    7. Evaluating new and emerging technologies and determining their impact on the hardware industry.
    8. Analyzing data to support decision making, monitor performance and identify trends.
    9. Conducting research to understand customer needs and preferences, and incorporating customer feedback into product design and development.
    10. Building relationships with stakeholders, including customers, suppliers, and team members, to ensure successful project outcome.Track the companys market share compared to competitors to measure success in gaining market share.
      1. Track the revenue growth of hardware products to measure success in increasing revenue.
      2. Track the time it takes from concept to product launch to measure efficiency and speed of product development.
      3. Track customer satisfaction with hardware products to measure success in meeting customer needs.
      4. Track the cost of production for hardware products to measure efficiency and competitiveness.
      5. Track the ROI of hardware projects to measure financial success.
      6. Track the quality of hardware products to measure success in meeting quality standards.
      7. Track the rate at which hardware projects are completed on time and within budget.
      8. Track the efficiency of key business processes to measure improvements and identify areas for further improvement.
      9. Market Penetration: Track the companys market penetration in target markets to measure success in gaining market share.

Keyskills :
driving sales enhancement initiatives providing sales strategies process improvementeliciting requirements from stakeholders to define project scope ensure alignment with business goals.

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