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What are the advantages of using Virtual Machine technology?

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What are the advantages of using Virtual Machine technology?

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A virtual machine (VM) is a software implementation of a machine (computer) that executes programs like a real machine.Virtual machines are separated in two major categories, based on their use and degree of correspondence to any real machine. A system virtual machine provides a complete system platform which supports the execution of a complete operating system (OS). In contrast, a process virtual machine is designed to run a single program, which means that it supports a single process. An essential characteristic of a virtual machine is that the software running inside is limited to the resources and abstractions provided by the virtual machine — it cannot break out of its virtual world.

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