Principal IT Business Analyst at Medtronic

Hyderabad, Telangana, India

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

HealthcareIndustries

Requirements

Deep expertise in business process analysis, with hands-on proficiency configuring and leveraging SAP systems across Sales & Distribution (SD), Pricing, and other modules
Strong analytical, problem-solving, and communication skills to translate business needs into technical solutions
Detail-oriented with a track record of driving cross-functional collaboration and delivering customer service excellence
Familiarity with data analysis tools, data modeling methodologies, and system configuration within SAP
14+ years of experience in SAP SD and global implementations with a Bachelor’s Degree
Recognized expert with significant autonomy in determining deliverables
Ability to contribute to defining direction for new products, processes, and standards with high impact on work group results
Exercises considerable influence, often negotiating with others and representing the organization on major initiatives
Provides guidance, mentorship to colleagues, and manages moderately complex projects or teams
Functional skills: Ability to analyze data and trends to develop recommendations to solve business problems
Additional skills: Problem Solving, Detail Oriented, Cross-Functional Collaboration, Customer Service, Process Improvement, Communication
Technology: Understanding of systems, software and technological concepts, Familiarity with data analysis

Responsibilities

Translate prioritized new business models (e.g., bundles, subscriptions, value contracts) into process and SAP capabilities
Work cross-functionally with business leaders, stakeholders, and IT to deliver impactful solutions that improve products, processes, and services
Manage complex projects, drive business agendas, and provide consultancy and IT support for new initiatives, acquisitions, and product launches
Engage with business leaders to understand strategies and identify data-driven changes that improve efficiencies and add value
Work with data sets to define use cases that enhance products, processes, and services
Collaborate with Business Relationship Managers (BRM), business stakeholders, and IT Product Owners / Managers to define business and system requirements
Lead the rollout of new business models, including SAP system configuration, fixes, and enhancements
Provide consultancy and IT support for new acquisitions, product launches, and reshaping of existing offers
Manage large, moderately complex projects or processes from design to implementation, ensuring alignment with business strategy
Develop solutions to moderately complex business problems through data analysis, investigation, and process improvement
Serve as a primary contact for specific projects, negotiating and influencing decision-making with internal and external partners
Provide guidance, coaching, and mentoring to colleagues, delegating work and reviewing outputs where appropriate
Drive business agenda during solution delivery process

Skills

SAP

Business Analysis

Data Analysis

Project Management

Stakeholder Management

Process Improvement

System Configuration

Business Requirements

SAP Enhancements

Medtronic

Develops and manufactures medical devices and therapies

About Medtronic

Medtronic provides medical technology, services, and solutions to improve patient care. The company develops a variety of medical devices, including pacemakers, insulin pumps, surgical tools, and neurostimulation devices, which help diagnose, prevent, and treat chronic diseases. These products are used by hospitals, clinics, and healthcare professionals around the world. Medtronic stands out from competitors by investing significantly in research and development to create new products and offering additional services like training and patient management programs. The goal of Medtronic is to enhance patient outcomes and lower healthcare costs through its comprehensive range of medical solutions.

Fridley, MinnesotaHeadquarters

1949Year Founded

$3.2MTotal Funding

IPOCompany Stage

Biotechnology, HealthcareIndustries

10,001+Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

401(k) Retirement Plan

401(k) Company Match

Employee Stock Purchase Plan

Employee Assistance Program

Wellness Program

Risks

Emerging competitors like Fire1 threaten Medtronic's heart failure management market share.

Spine biologics market growth may attract new entrants, increasing competition for Medtronic.

Recent IPOs in medtech indicate rising competition, challenging Medtronic's market position.

Differentiation

Medtronic's diverse product range spans cardiovascular, diabetes, neurological, and surgical technologies.

The company invests heavily in R&D to drive innovation in medical devices.

Medtronic offers comprehensive services, including training and technical support, enhancing product value.

Upsides

Exclusive deal with Kuros enhances Medtronic's orthopedic portfolio and market share.

Growing spine biologics market offers expansion opportunities in spinal fusion and regenerative medicine.

Balloon catheters market growth aligns with Medtronic's recent product launches, boosting cardiovascular presence.

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