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The realm of IT strategy frameworks and methodologies is undergoing a profound transformation. This chapter sheds light on the emerging trends and technological innovations shaping this evolution. Within, readers will uncover the increasing focus on digital transformation, where modern methodologies are interweaving cloud computing, AI, and data analytics into their core. Discover the profound influence of movements like Agile and DevOps on software development and the pressing need for frameworks that prioritize customer-centricity. The text also underscores the escalating importance of data governance, privacy, sustainability, and ethical considerations in IT strategies. Dive in to gain insights into how organizations can proactively adapt, future-proof their strategies, and harness the potential of these dynamic shifts in the IT paradigm.