This document discusses enterprise virtualization using Xen and Oracle VM. It describes how virtualization allows workloads to become stateless and decoupled from physical hardware. All workload attributes are stored in a configuration repository. Early virtualization projects at EDCS used a stateless, network storage-centric approach. The Project Dakota implementation at Oracle encapsulated computing environments using network, server, and disk virtualization with Xen. Oracle VM provides live migration, Linux/Windows support, and browser-based management of virtual machines. Opportunities exist to develop templates, appliance deployment, vertical stack integration, and centralized management of virtual and application infrastructure.