A system, method, and computer-readable medium are disclosed for automatically allocating resources to a virtual machine. Expected workload profile data and application utilization data corresponding to a software application associated with a virtual machine (VM) is collected by an application profiling agent. Resource utilization data corresponding to the utilization of resources associated with the execution of the software application is collected by a system resource monitor. The expected workload profile data, the application utilization data, and the resource utilization data are then processed to determine a virtual machine workload class, which is then used to determine a corresponding VM policy. Data associated with the VM policy then processed to generate VM resource allocation instructions, which are in turn processed to provision the VM.