The constraints on operating a large datacentre are a) power b) cooling c) floor loading (really!)
If you run out of one of these your choices are a) consolidate (which may imply virtualization) or b) relocate (which is astronomically expensive to do with no downtime).
If you run out of one of these your choices are a) consolidate (which may imply virtualization) or b) relocate (which is astronomically expensive to do with no downtime).
That's why people will spend money on VMware.