The document compares Hyper-V 2012 with vSphere 5.1, highlighting key features and differences in hypervisor types, resource management, and storage capabilities. While VMware vSphere maintains a lead in certain areas, Hyper-V 2012 has significantly closed the gap with new functionalities and improved performance. The discussion covers various aspects, including CPU scheduling, memory handling, networking, workload migrations, and cost considerations for organizations considering virtualization solutions.