Software technology allowing applications to run on many different operating systems and hardware platforms. This usually means that the application has been written to use an application framework. It also means that applications running on the same system that do not use this framework do not get the benefits of application virtualization. More advanced forms of this technology offer the ability to restart an application in case of a failure, start another instance of an application if the application is not meeting service level objectives, or provide workload balancing among multiple instances of an application to archive high levels of scalability. Some really sophisticated approaches to application virtualization can do this magical feat without requiring that the application be re-architected or rewritten using some special application framework. (See the original article by Dan Kusnetzky here)