Virtualization is a promising technology for business organizations.Current study investigates the benefits and concerns of clouds and virtualization technologies in business organizations. The study investigates how virtualization technology brought Seven Corners, an international travel insurance company, various benefits, including economic benefits and business continuity. The case study also addressed how organizations can adopt a methodological approach in order to migrate from a physical IT infrastructure to a virtual IT infrastructure. The current study investigated the effect of the migration of an organization’s physical IT infrastructure into a virtual IT infrastructure using a private cloud built upon a shared virtual architecture. The study investigated several benefits realized through virtualization, mostly business continuity and economic benefits. The case study has also addressed how organizations can develop and implement a successful virtual infrastructure solution through a methodological approach