Xen Cloud Platform (XCP) is an open-source virtualization platform based on Citrix's XenServer. It provides a complete virtualization stack including automation, resource pooling, and event management. XenServer has had significant adoption with over 1 million downloads and is used by over 50% of Fortune 500 companies. While many organizations use VMware for critical workloads, Citrix and Microsoft are often used alongside for non-critical systems and cost savings due to their lower prices.