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Virtualization has become so widely accepted that for many companies it is a strategic mandate. The use of dedicated physical servers requires an exception if they are allowed at all. Qlik products have been shown to run very well in virtualized environments. Both Amazon and VMware virtualized environments have been tested with good performance. As with any additional layer between software and hardware, some performance degrade is introduced. Measured values show that average response times are from a few percent to about twenty percent slower in general for virtualized, verified favorable, well-performing hardware. Not adhering to best practices will likely increase any degrade in performance.
As with physical servers, it is vital to utilize verified favorable hardware in order to get expected performance. Virtualizing non-favorable servers will not improve performance.