Virtualization as a technology existed from the mainframe era in large glasshouse data centers. Transfer of virtualization technology on to commodity x86 based hardware has increased the adoption of virtualization. The first generation of x86 based Virtualization technologies had limited use in testing, development and re-hosting legacy applications. We are seeing rapid evolution of Virtualization technologies by the vendor community into what we know as Virtualization 2.0. What is Virtualization 2.0 ? In my view, Virtualization 2.0 is about taking the virtualization from development, staging and production servers to Desktop (Virtual Desktop Infrastructure - VDI), Mobile and affordable Cloud based Disaster Recovery/business continuity applications. Virtualization 2.0 signifies free/inexpensive access to advanced hypervisor based Virtualization technologies from various vendors. This is allowing the change in deployment models for virtualization from typical scale-up approach(SMP with