Virtualization technology is a transformative advancement in computing that allows multiple virtual instances to operate on a single physical hardware system. This technology essentially enables the creation of virtual machines (VMs) that can run different operating systems and applications independently, as if they were on separate physical devices.
Virtualization enhances resource utilization by allowing multiple VMs to share the same physical resources, reducing the need for additional hardware and thereby cutting costs. It also simplifies IT management and increases flexibility, as virtual environments can be easily configured, reconfigured, and scaled according to the needs of the organization. Additionally, virtualization improves disaster recovery processes, as VMs can be backed up and moved with minimal downtime.