I have installed DMC 2.0.0 console on virtual machine, all managed Dell servers ale physical. I had some problems with it, so I've opened a support case on ProSupport. Their answer was that DMC is not supported in virtual environment. I don't agree with them, because Altiris 7.1 platform is supported in virtual. Please, what is the truth ?
According to this: http://en.community.dell.com/dell-groups/dell-management-console/w/dell_management_console-wiki/dmc-faq.aspx
section 2.12 states:
[2.12] Can I install DMC in a Virtual Machine? Virtual Machines (VM) - DMC 1.0.2 and above can be installed in a virtual machine (ESX 3.5 U2). Dell Management Console is tested to install in the following VM environment: --ESX 3.5 U2 Other notes for VM installs: --Minimum 4GB Virtual RAM --Minimum 4 Virtual Processors --Physical server should have VT enabled processors --Use a remote SQL database (physical server) --Variations on this configuration may work, but have not been tested. --See kb.altiris.com - 45258 and 45257 for additional details.
DMC 1.1 can be installed on ESX 3.5 U2/U4
So yes, it's supported. I call shenanigans on their answer! It's supported BUT ... make sure of the caveats above....
Now that I think about it -- what is the Guest OS that you're running this on? Windows 2008 Server R2 Standard 64-bit? If it's a 32 bit OS, it's a dealbreaker. The 32-bit version I don't believe is supported in a virtual environment.
According to this site: http://en.community.dell.com/dell-groups/dell-management-console/b/dell_management_console-blog/archive/2010/12/14/dmc-2-0-is-released.aspx It mentions that it is only supported on Windows 2008 Server R2 64-bit I believe.