How important is domain knowledge for a Business Analyst

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How important is domain knowledge for a Business Analyst

Keywords | domain knowledge for business analyst, business analyst domains list, how to acquire domain knowledge

Domain Specific knowledge is very important for business analyst and software developers. As IT is well-known in all domains or fields and the functions of IT is diverse in various domain. This article covers:-

  • Definition of Domain-Specific Knowledge for IT Professionals
  • The importance of domain knowledge for software engineers
  • Different Domains in Software Development

Domain knowledge for Business analyst

Domain-Specific Knowledge is now becoming very important in IT software industry and incredibly valuable for software development as well. It is very important for software developers and testers. Domain-specific Knowledge is a particular area of work and knowledge that defines facts, information, and skills acquired through experience with the theoretical or practical understanding of a domain. 

Importance of domain knowledge in software development

Software development is a collaborative process that needs to bring together domain expertise with technology expertise and process knowledge. To serve customers well and remain in business companies must:

  • Reduce their product delivery cycle
  • Operate with minimum fixed assets and overhead (people, inventory, and facilities)
  • Shorten product development time.
  • Improve customer service
  • Empower employees
  • Innovate and deliver high-quality products
  • Enhance flexibility and adoption
Markets now demand domain and subject experience. Find the domain knowledge advantages below:-
  • To enhance decisions, services, and products by adding intelligence, increasing value and providing flexibility.
  • Create learning organization to sustain a competitive position in the market.
  • Help you get into the niche market and stay in demand.
  • Provide better job security as a specialized resource.

Business Analyst Domains List

  • AEROSPACE
  • AUTO-MOBILE
  • BANKING
  • BFSI
  • CONSUMER / FMCG
  • CHEMICALS
  • ENGINEERING AND CONSTRUCTION
  • ENERGY
  • EDUCATION
  • FINANCE
  • HOSPITALITY AND LEISURE
  • HEALTHCARE
  • INSURANCE
  • RETAIL
  • TRAVEL
  • TELECOM
  • GIS (Geographic Information System)

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