Solution

The primary purpose of virtualization is to allow multiple operating systems to operate concurrently on a single physical machine by creating virtual instances of hardware. This technology abstracts the underlying hardware and enables efficient utilization of resources, leading to significant cost savings, increased flexibility, and improved scalability. By employing virtualization, organizations can run different applications and services on various operating systems without the need for dedicated hardware for each one. This capability enhances resource management, allows for better disaster recovery solutions, and supports cloud environments by providing the foundation for IaaS offerings. Why Other Options are Incorrect: A) To increase physical hardware requirements: Virtualization actually reduces hardware needs by maximizing the utilization of existing resources. C) To simplify the management of physical servers: While virtualization can help streamline management, the primary goal is to run multiple OS instances rather than management simplification alone. D) To eliminate the need for cloud service providers: Virtualization does not negate the need for cloud service providers; rather, it enhances their ability to offer efficient services. E) To restrict access to resources: Virtualization focuses on resource optimization rather than restriction; access controls are typically handled at a different layer.