IBM System z (officially "IBM z Systems") is a family name used by IBM for all of its mainframe computers. In 2000, IBM renamed the existing System/390 to IBM eServer zSeries with the e depicted in IBM's red trademarked symbol, but because no specific machine names were changed for System/390, the zSeries name in common use refers only to the z900 and z990 generations of mainframes. In April 2006, with another generation of products, the official family was changed to IBM System z, which now includes both older IBM eServer zSeries models, the IBM System z9 models, the IBM System z10 models, and the newer IBM zEnterprise models.
The zSeries, System z and zEnterprise families were named for their availability – z stands for zero downtime. The systems are built with spare components capable of hot failovers to ensure continuous operations.
The System z family maintains full backward compatibility. In effect, current systems are the direct, lineal descendants of System/360, announced in 1964, and the System/370 from the 1970s. Many applications written for these systems can still run unmodified on the newest System z over five decades later.
Virtualization is required by default on IBM z Systems. First layer virtualization is provided by the Processor Resource and System Manager (PR/SM) to deploy one or more Logical Partitions (LPARs). Each LPAR supports a variety of operating systems. A hypervisor called z/VM can also be run as the second layer virtualization in LPARs to create as many virtual machines (VMs) as there are resources assigned to the LPARs to support them. The first layer of z System virtualization (PR/SM) allows a z machine to run a limited number of LPARs (up to 80 on the IBM z13). These can be considered virtual "bare metal" servers because PR/SM allows CPUs to be dedicated to individual LPARs. z/VM LPARs allocated within PR/SM LPARs can run a very large number of virtual machines as long as there are adequate CPU, memory, and I/O resources configured with the system for the desired performance, capacity, and throughput.