When IBM moved their mainframe systems (the S/360 family that is today called System Z) from BiCMOS to mainstream CMOS in 1994, the net result was a severe loss in clock frequency and thus single-processor performance. Still, the move had to be done, since CMOS would scale much better into the future. As a result, IBM introduced additional parallelism to the system in order to maintain performance parity. Parallelism as a patch, essentially.
Unknown to most, IBM has one of the world’s longest records of using virtual platforms for software and firmware development and verification. This project has been ongoing since at least the days of the zSeries 900 machines, through z990, z9, and now z10. An excellent article on this virtual platform and its uses is found in the IBM Journal of Research and Development, number 1, 2009, . It is called “IBM System z10 Firmware Simulation”, by Körner et al.