There are several companies that provide software to do this. Our favorite is VMWare. This is because it is easy and simple.
1. You will need to download the VMWare Converter from the VMWare site (http://www.vmware.com). This is free.
2. Once downloaded you will need to install it. We choose the Client/Server installation. This give you the option to select what and where to install it.
3. Simply enter in the Source and Destination machine name or IP address.
4. Review the settings and start converting.