The document outlines the collaboration of VMware, NetApp, and Cisco in developing a virtualized dynamic data center architecture aimed at reducing IT costs and improving efficiency through consolidation and virtualization. It emphasizes the transition from application silos to a service-oriented design, highlighting the business value and case studies demonstrating achieved results. The session includes guidance on implementing proven technologies in a phased approach, aiming for a significant reduction in total cost of ownership and enhanced agility in IT services.