Deformation quantization, which gives a development of quantum mechanics independent of the operator algebra formulation, and quantum groups, which arose from the inverse scattering method and a study of Yang–Baxter equations, share a common idea abstracted earlier in algebraic deformation theory: that algebraic objects have infinitesimal deformations which may point in the direction of certain continuous global deformations, i.e., “quantizations.” In deformation quantization the algebraic object is the algebra of “observables” (functions) on symplectic phase space, whose infinitesimal deformation is the Poisson bracket and global deformation a “star product,” in quantum groups it is a Hopf algebra, generally either of functions on a Lie group or (often its dual in the topological vector space sense, as we briefly explain) a completed universal enveloping algebra of a Lie algebra with, for infinitesimal, a matrix satisfying the modified classical Yang–Baxter equation (MCYBE). Frequently existence proofs are known but explicit formulas useful for physical applications have been difficult to extract. One success here comes from “universal deformation formulas” (UDFs), expressions built from a Lie algebra which deform any algebra on which the Lie algebra operates as derivations. The most famous of these is the Moyal product, a special case of a class in which the Lie algebra is Abelian. Another comes from recognition that the Belavin–Drinfel’d solutions to the MCYBE are, in fact, infinitesimal deformations for which, in the case of the special linear groups, it is possible to give explicit formulas for the corresponding quantum Yang–Baxter equations. This review paper discusses, necessarily in brief, these and related topics, including “twisting” as a form of UDF and finding formulas for “preferred deformations” of Hopf algebras in which the multiplication or comultiplication is rigid and must be preserved in the course of deformation.