If the Storage is Replicated the whole environment can be orchestrated to be up and running in minutes if the Failover Site already has the Oracle VM up and running pointing to the Replicated Storage with the help of Oracle Site Guard. More info on: http://www.oracle.com/technetwork/server-storage/vm/ovm3-disaster-recovery-1872591.pdf
Product :
Oracle, Oracle VM/3.4, x86 Edition
Feature :
Replication / Site Failover, HA/DR, VM Mobility and HA