The document discusses the inefficiencies and security issues surrounding Java Virtual Machines (JVMs) and presents Waratek's Java hypervisor as a solution for virtualization within the JVM. This hypervisor allows multiple tenants to run efficiently and securely, addressing the problems of CPU and memory usage while enabling sleeping states for idle applications. Waratek's 'jsleep' feature specifically demonstrates how to reclaim resources from inactive Java applications without disrupting their operation.