App virtualization: New hotness?

Virtualization of applications is becoming more reasonable. For example, they showed a smartphone being allowed to run as a server (yes, not normally done, but displays the low server requirements) that serves out the entire Photoshop app to a laptop. The laptop loads photoshop, albeit slowly at first, from the smartphone in under 20MB of streamed application byte-code content. I think that the streamed data then runs in a special virtualization agent (client) on the platform where you are wanting to run the application.

Is this amazing? I dont quite grasp how it could revolutionize anything. If anything, its another tool for enterprise to reduce costs via cloud use-cases.

References

• http://www.businessinsider.com/were-blown-away-this-startup-could-literally-change-the-entire-software-industry-2012-3?utm_source=twbutton&utm_medium=social&utm_campaign=enterprise

• http://www.numecent.com/technology/cloudpaging.html

• http://player.vimeo.com/video/37878147