Virtualization is the ability to create a virtual environment in which you can install several OSs in your machine. Basically you can use Windows and, using a virtual machine (ie such a program) you can also install MAC or Linux. Learn more about virtualization from Linus from TechQuickie.
In the video called 3-Sweep: Extracting Editable Objects from a Single Photo, SIGGRAPH ASIA 2013 Tao Chen, Zhe Zhu, Ariel Shamir, Shi-Min Hu and Daniel Cohen show off a software that is able to take a single photo, get the 3D object out of it and then manipulate it like it’s nothing.
The 3 Sweep software lets you outline the 3D geometry of the object in a few simple clicks and then you can simply extract, move, rotate and copy that 3D model. And all of this working from one single photo. Of course, the software relies on us being able to see a 3D model in a picture and then outline it with the tool, but it is a CRAZY thing to have as a tool.
SIGGRAPH is a great place to see tech that will blow your mind.