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In the world of cloud computing, physical servers are expensive beasts. They're powerful, but they're also resource-hungry and often underutilized. Virtualization technology steps in to solve this conundrum. It acts like a layer of software that sits on top of the physical server's hardware. This software then creates multiple virtual machines (VMs) - essentially simulated computers - each acting as an independent system with its own operating system, memory, and storage.
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