Another problem is how would he P2V the existing server as it contains all of his current applications. When you do the P2V, the VM will still contain ALL of his current applications. That would still mean that if he needs to work on the BES all of his applications would be affected. That really diminishes the benefits of ESX.
The ideal solution would be to get a second server and load it with ESX (or the free version if that's all you can swing). Then I would start by building a new VM for each application and doing new installs to break your applications apart. This will help you with future downtime (so when you load the new BES upgrade, you don't have to take down your other apps). You really need to put a solid plan together before you present this idea to your boss. Right now, your boss is only looking at immediate $$. You need to show him that the money spent now will save him money in the future.
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