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I have Windows 10 running on 10 year old laptop with 4 GB of RAM just fine, just be sure to replace the old hard drive with an SSD.

And in many cases, if you're a business, you already have old Windows boxes lying around. If running a Windows app is mission critical for your business, go buy a used, refurbished Intel PC for under $500. My personal opinion (I've been using Parallels, VMWare Fusion since the early 2000's.). The reviews I have read all say that amazingly, because the M1 is so fast and efficient, running Windows Intel apps under Windows ARM emulation, then virtualized, is not that bad, no worse than say running it on a ARM based Surface Pro. In other words, if you are trying to run an old Windows Intel app, you would be running this in emulation, on Windows ARM, which is running virtualized under Big Sur, on a M1 Mac. It will run ARM based versions of Windows software fine it can also run Intel Windows apps, but does so in emulation mode. As for Windows on M1, it is not the Windows Intel version everyone is familiar with, it is Windows ARM. So if you have an M1 Mac and wanted to run macOS guest virtual machines, not possible at this time stick with an Intel Mac. At this time, Parallels does NOT support installing a guest version of Big Sur on M1 Macs. ) There are various ARM based flavors of Linux. This includes Windows ARM (which you have to get from Microsoft by signing up with the Windows Insider program.
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On M1 Macs, you can ONLY install ARM-based operating systems. you can install Intel versions of Windows, macOS and Linux. On Intel Macs it runs basically unchanged as it has for the past few years. It is ONE product, shipped as an Universal app you don't have to worry about ordering the Intel or M1 version of Parallels separately.
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Select productivity, games, design, or development, and Parallels Desktop 11 for Mac will optimize your virtual machine settings and performance for you.You can run just about anything on your Mac! Run a wide array of operating systems including OS X, Windows 10, 8.1 & 7, Linux, and Google ChromeTM.Converting a virtual machine from Boot Camp is now much easier and more intuitive than ever. Reuse your existing Boot Camp installation.

We make it easy to get all of your files, applications, browser bookmarks, and more from your PC to your Mac just follow the setup assistant.Use Microsoft Cortana®, your virtual assistant, on your Mac. Run Windows 10 and OS X® El Capitan with ease.Now Supporting Windows 10 and ready for El Capitan Choose your view to make Windows invisible while still using its applications, or keep the familiar Windows background and controls on your Mac. Parallels allows you to run Windows and Mac applications side by side.
