After having set up quite a few VM`s in my career, i have picked up a couple of tips on how to get the most power out of your VM`s:
Get new/correct drivers for your VM`s
Remember to make sure that you have all the correct drivers, this is at least important for IO(Disk) and Network devices. Windows has many devices that will work with basic Microsoft drivers, but that does not mean that the performance magically gets awesome. After making sure that the correct drivers were in place, i managed to go from ~900Mbit to 9.9Gbit on a 10gbit-network between a Linux (Red Hat) and Windows 2k8 server. (tested with iperf which exists for both Windows and Linux)
Turn off Power saving options in BIOS / Hardware
More or less all servers, either they being brick servers, home servers or blade servers, have BIOS settings that enables or disables power saving mode. I know from experience that at least all HP blades comes with power saving enabled per default. Turn off this to make sure that your VM`s gets the performance they expect to get. (I have had VM`s simply be sluggish with this feature turned on, turning it off made CPU-performance get normal)
Turn off CPU throttling on the VM host machine
I have also had issues with slow VM`s even when the power options was fixed in BIOS. I then realized that some Linux distributions (Ubuntu) have a default CPU scheduler that throttles down the CPU when it is not needed. After making sure that the host did NOT do this, the VM`s finally started acting as they should. Check out your Linux distributions guides on how to change this.
Any other tips i should add to the list? Feel free to add a comment below!