While full hardware virtualization such as KVM, Xen or Hyper-V is great at running fully isolated instances of multiple operating systems on a physical host, it comes with various overheads in terms of performance, resource, and provisioning time. Depending on your use cases, full machine virtuailization may actually not be necessary. An alternative lightweight virtualization approach is so-called Linux Containers (LXC), which provides operating system level virtualization.
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