The Indian IT industry had been upbeat about its future, until the global recession took over. However, hopes are still set high because neither is this the first downturn that the market has witnessed, nor will it be the last. Having said that, this downturn is undoubtedly one of the worst phases that the industry is going through.

At this juncture, companies are on a frantic search for technologies that would help them augment businesses at a reduced cost. And so enters virtualization, a term that the IT fraternity has been familiar with for over a decade now. However, unlike before, it has today become one of the most sought after technologies.

So, what is it that helped virtualization gain currency among enterprises after all these years and what more is in store from it. Let's analyse the hype and truth behind this latest buzzword in the special series.