This document discusses virtualization techniques and their benefits and challenges. It begins by defining virtualization and describing its benefits such as improved resource utilization and reduced costs. It then discusses some key challenges of virtualization including bandwidth implications, image proliferation, human issues, need for policy-based management, and security concerns. The document goes on to describe different virtualization techniques including hardware virtualization techniques like memory, power, network, and storage virtualization. It also covers software virtualization. The overall goal of the document is to propose an effective and flexible distributed virtualization scheme to reduce workload and improve continual service.