Blog : The Commonly Used Business Analysis Tools by the Top Business Analysts

Business analysis is the process of tracing the needs of a business, including describing business requirements, collecting, prioritizing, and describing requirements, communicating these requirements and how to apply these requirements to the customer and technical team, and Business analysis techniques involve decision making. Listed below is a list of the commonly used Business Analyst tools listed based on their method.

Microsoft Vision and HubSpot- This is an application for drawing diagrams. It is a part of MS Office for standard and commercial versions. HubSpot is inbound sales, marketing, and service software. Its marketing analytics software will help you measure the performance of all your marketing campaigns in one place. It has a built-in analytics feature and provides reports and dashboards.

Xplenty - Xplenty is a cloud-based data alliance program that will draw all your data sources together. It allows no-code and low-code choices that will make the platform available by anyone. Its intuitive graphic interface will help you implement ETL, ELT, or replication solutions. Xplenty provides marketing, sales, customer support, and resolutions for developers.

Bizagi and LucidCharts- Bizagi provides business process management tools. It has three products for on-premises use, namely, Business Modeler, Studio, and Automation. In the cloud, it provides a platform as a service. LucidCharts is a web-based platform for charts and diagrams. One can use it easily by getting its subscription.

Axure and InVision- Axure RP can create software prototypes, wireframe diagrams, and functional terms. This tool is for web-based and desktop applications. InVision helps to create the design for your product. You can use this tool with Slack, Dropbox, Jira, Confluence, Teamwork, Basecamp, Microsoft Teams, and Trello.

Draw.io and SWOT - Draw.io helps to draw flowcharts, process diagrams, ORG charts, UML, ER diagrams, network diagrams, etc. You can work online or offline. Draw.io provides training material. SWOT is an analysis tool which stands for Strengths, Weakness, Opportunities, and Threats.

Conclusion - Businesses should be analyzed to avoid rework and unwanted expenses. Many business analysis tools are available in the market. In this article, diverse classes of business analyst tools are listed. Each instrument is unique in its way and performs different functions. You just need to select the right equipment according to the needs of your business.