This report outlines the state of current server virtualization data protection and recovery approaches, while also keeping an eye on the future. Numerous improvements in virtualization data protection are on the horizon, and with creative use of today's existing data protection and virtualization architectures, extremely effective virtualization data protection and recovery practices can be employed at present. While organizations can successfully protect and recover virtualized resources today, understanding forthcoming improvements in virtual machine data protection will help enterprises successfully plan for the future.