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z/VM is the current version in IBM's VM family of virtual machine operating systems. z/VM was first released in October 2000 and remains in active use and development as of 2019. It is directly based on technology and concepts dating back to the 1960s, with IBM's CP/CMS on the IBM System/360-67. z/VM runs on IBM's IBM Z family of computers. It can be used to support large numbers (thousands) of Linux virtual machines.
IBM z/VM Virtualization software Enable more VMs on a single system with legendary scalability, system management and performance.
IBM® z/VM® is a highly secure and scalable hypervisor and virtualization technology for cloud infrastructure and for running critical applications.
IBM z/VM supports Linux, z/OS®, z/VSE® and z/TPF operating systems on IBM Z® and LinuxONE™ servers. It can host thousands of virtual servers on a single system.
A continuous delivery model enables clients to exploit new z/VM capabilities at their own pace.
IBM z/VM is even better on the new z15
IBM tests indicate IBM z15 requires 23X fewer cores than compared x86 servers and a 20% lower overall 5-year TCO when running mixed workloads consisting of open source and IBM proprietary software.