Vexsto

Name: Vexsto
Address: Baku, AZ

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Vexsto

Vexsto is multinational management consulting company with HQ in Baku, Azerbaijan.

Vexsto is a leading multinational company providing comprehensive solutions in education, travel, consulting, and project management. With a global reach and a strong presence in Azerbaijan, we empower individuals and organizations to achieve their goals through innovative and effective services.

24/05/2023

One of the most crucial components that goes into making contemporary cryptocurrencies and blockchains feasible is cryptography, the study of creating codes and ciphers for safe communication.

One of the most crucial components that goes into making contemporary cryptocurrencies and blockchains feasible is cryptography, the study o...

18/03/2022

A non-fungible token (NFT) is a unique identifier that can cryptographically assign and prove ownership of digital goods.

As NFTs for digital artwork have sold for millions — sometimes tens of millions — of dollars, to say they're popular could be an undersell. In the first half of 2021, NFT sales hit $2.5 billion.

However, once you understand how NFTs work, you'll see there are additional use cases for this technology.

A non-fungible token (NFT) is a unique identifier that can cryptographically assign and prove ownership of digital goods. As NFTs for dig...

12/11/2021

If your organization is seeking efficient project delivery, decreased time-to-market, and increased stakeholder value, then the Scaled Agile Framework (SAFe) may be right for you.

Larger organizations tend to move more slowly — and be more change-resistant — than smaller, more nimble competitors. Much of this can be chalked up to deep-rooted cultural issues of being a larger incumbent, and to policy- and process-based barriers, as bureaucracy tends to flourish in broader corporate environments.

Still, many larger organizations seek to capture the benefits of agile development, for which they may not be naturally suited. The Scaled Agile Framework (SAFe) is a powerful tool that can be adopted to help larger organizations overcome issues that negatively impact project success.

If your organization is seeking efficient project delivery, decreased time-to-market, and increased stakeholder value, then the Scaled Agile...

12/10/2021

A common pitfall development teams face when first transitioning to using Scrum is holding onto parts of their old processes. This is especially difficult for teams that are used to a waterfall model, where technical design and architectural implementation are the very first steps after the specification is written. One instinct people new to Scrum have is to keep the technical design and architecture phase up front and then move to a Scrum process for the remainder of the project.

The problem with doing both Scrum and waterfall is that you’re then actually doing neither — and you definitely aren’t capitalizing on all agile has to offer.

A common pitfall development teams face when first transitioning to using Scrum is holding onto parts of their old processes. This is especi...

16/08/2021

The concept of Shu-Ha-Ri originates from the Japanese martial art Aikido. Here the meaning:

Shu (守) "protect", "obey"—traditional wisdom—learning fundamentals, techniques, heuristics, proverbs

Ha (破) "detach", "digress"—breaking with tradition—detachment from the illusions of self

Ri (離) "leave", "separate"—transcendence—there are no techniques or proverbs, all moves are natural, becoming one with spirit alone without clinging to forms; transcending the physical.

The Shu-Ha-Ri model can be adapted not only to martial arts. This is a perfect metaphor for the development of Agile teams.

The concept of Shu-Ha-Ri originates from the Japanese martial art Aikido. Here the meaning: Shu (守) "protect", "obey"—traditional wisdom—le...

06/05/2021

In 2011, Marc Andreessen wrote his famous essay, “Why Software Is Eating the World,” in The Wall Street Journal, leading to the cliché that “every company needs to become a software company.” (A useful update by Jeetu Patel on the situation in 2016 is here: “Software is still eating the world.”)

In one way, Andreessen’s 2011 article was remarkably prescient. In 2011, IT firms were looked down on by Wall Street. Andreessen was telling Wall Street: “Pay attention! These companies are more valuable than you think they are.” And Wall Street listened. In 2018, the five biggest companies in the world by market capitalization are IT firms: Amazon, Apple, Facebook, Google and Microsoft.

In 2011, Marc Andreessen wrote his famous essay, “Why Software Is Eating the World,” in The Wall Street Journal, leading to the cliché that ...

06/02/2021

The Agile management revolution is transforming the world of work. It took off in software development in 2001 and is now spreading rapidly, under various labels, to all parts and all kinds of organizations, including the five largest and fastest-growing firms on the planet. It is truly a Copernican revolution in management. As Professor Julian Birkinshaw declared in 2016, we have entered the age of Agile. Agile firms are now capable of delivering instant, intimate, frictionless value at scale. In case you hadn’t noticed, everything is different.

The Agile management revolution is transforming the world of work. It took off in software development in 2001 and is now spreading rapidly,...

11/12/2020

Business agility is a complex multidimensional concept, as shown in the table below. Explaining each dimension to a traditional boss is more likely to result in mental overload and frustration than comprehension, even if he listens to the whole explanation, which itself is unlikely. Can the magic of metaphor help?

Business agility is a complex multidimensional concept, as shown in the table below. Explaining each dimension to a traditional boss is more...

27/02/2020

The fintech sector has brought consumers an endless stream of modern offerings that have enabled them to ditch several outdated banking and lending products.

Companies now have advanced B2B payment solutions at their fingertips, and online financial solutions have never been more convenient - largely thanks to the progress made by fintech startups.
But, despite being on the cutting edge of digital financial products, young fintech companies are at a disadvantage in a wildly important arena: data security.

The fintech sector has brought consumers an endless stream of modern offerings that have enabled them to ditch several outdated banking an...

17/01/2020

Companies today hold all business functions to a mandate for innovation. Innovation should create business value (a better experience for employees, customers, and partners). It should create agility and speed. It should make business functions more easily adaptable, easier to change. And it should also lower the cost of the functions over time. The benefits are clear and obvious. But the truth is innovation is illusive and hard to get.

Companies today hold all business functions to a mandate for innovation. Innovation should create business value (a better experience for ...

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