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Presented at the 2021 Client Workshop for Linux on IBM Z and LinuxONE!Version 7 of z/VM started the era of a two-year release cadence. z/VM 7.2 is the second release in this era. This session starts with information on the newest release, z/VM 7.2; then reviews the current releases in service; and then begins a tour of five value areas and the recent enhancements in each of those areas. This presentation focuses on the business value of z/VM and its enhancements and other planning information. Will cover items such as Centralized Service Management, 4TB real memory support, dynamic memory management, security enhancements, and much more.