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The challenges that preoccupied our industry during the run-up to the millennium, especially the Y2K problem, the dot-com bubble and the events that followed the downturn, had significant impact on the Software Product Engineering (SPE) community. Many startups vanished because of a lack of additional funding. While the confidence and hope of independent software developers and outsourced product development organizations thrived after the telecom bust, several other socioeconomic and political factors challenged the industry. In spiteof all these challenges, here are the 10 best influences that transformed SPE during the last decade.