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By 2024, the global spending on digital transformation (DT) will double in comparison with 2020 and comprise $2.39 trillion. Organizations still struggle with implementing highly complicated solutions with AI, AR/VR, blockchain, or other modern technologies at the core. Companies must embrace novel technologies and approaches like 5G, edge computing, AI, IoT, intelligent automation, embedded software… How to do it right, ensure high IT product quality, and mitigate cybersecurity and data privacy risks? The most important recipe for success features the need to focus on business requirements and organizational culture, as well as the ability to embrace change.