Virtualization is not just for software anymore. Virtual training, virtual internships, virtual desktops, virtual meetings...the online environment is evolving to allow for more interaction than ever before. In this article, we track the potential uses of the virtual space for increased ROI that many businesses have yet to consider. The question will be what is the right mix of virtualization for your business and how to maximize the return. Companies that consistently hire interns have found that there are two major advantages to taking their internships virtual: better choice of candidates, and lower overhead costs. Out of sight, out of mind can mean that interns are not supervised properly and are not developing critical social skills. The right touch is needed. For some companies today the proliferation of smart phones and mobile applications offer a bright future with the potential to access your virtual desktop on your cell phone. Those same devices in conjunction with cloud computing, however, may put the concept out of business as they themselves become as powerful as your average laptop. The Gartner Group estimates that 80% of active Internet users will use at least one virtual world, such as Second Life, by the end of 2011. Companies across the world are developing new uses for virtual worlds from product development to meetings, conferences and unique collaboration. Virtual worlds for business use have reached a turning point where businesses are balancing the potential ROI (tangible and intangible) versus the benefits of face-to-face meetings (inspiration and innovation). The key to turning this evolving virtualization into a strategic advantage is in creating the right mix of virtual, online and real. Use the virtual to accomplish what the real cannot. Coordinate between diverse worldwide resources; learn, showcase, and demonstrate. Get the best of breed new talent for a fraction of the cost. Lastly, plan ahead to mitigate the security and legal risks in your virtual world. Virtualization offers new ways of working together and significant ROI. Make it your own and enjoy the competitive edge.
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Keywords: virtual, secondlife, online, interns, desktop, virtualization, business, trend, watch, list, 2010, advantage, strategic, competitive
