Virtual Servers
The concept of virtual servers appeared in the 1960s. The early virtual machines appeared on the IBM mainframes and has now evolved to Intel-based servers that can now support enterprise applications. One great advantage of using virtual servers is that it breaks the dependencies between application, operating system and underlying hardware. Because of this, you can run many applications on a single server but each within a virtual machine, so the data center can achieve more efficient use of server resources.
VR.org offer dedicated virtual server plans for as low as $29.95. With this, you can already have a 15gb storage, 1 IP adrdress, 200gb premium bandwidth, full web based management, and more.