Network virtualization is a method of providing virtual instances of physical networks. Virtualized networks are widely used with virtualized servers, forming a powerful dynamically reconfigurable platform. In this paper we discuss the impact of network virtualization on the overall system availability. We describe a system reflecting the network architecture usually deployed in today's data centres. The proposed system is modelled using Markov chains and fault trees. We compare the

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... of virtualized system using standard physique network with the availability of virtualized system using virtualized network. Network virtualization introduces a new software layer to the network architecture. The proposed availability model integrates software failures in addition to the hardware failures. Based on the estimated numerical failure rates, we analyse system's availability.