Aegis moved off custom RISC servers in the mid 2000s AFAIK. Most IT infrastructure is virtualised these days, as it make easier deployment, greater security, etc.
The virtualisation usually separates the interface from the actual combat system. So in Australia's future we have the consoles running 9LV, but that is really just a terminal interface to a server, which then talks to another server which is an Aegis combat system. Once the console is just a terminal window it makes sense to virtualise it. Each console can then become any other type of console or configuration. If the console interface crashes, another can quickly be booted up, and doesn't interfere with anyone else.
Here is an old picture from 10 + years ago, when they first started to open arch the entire thing,

Virtualisation usually adds another abstraction layer above the OS and Hardware
I am curious if the RAAF is thinking of having their own combat interface. E7/JORN/Derringer/NASAMS. Or if it intend to use the 9lV, but customised.
I could be wrong but I don't think it works remotely, like say an Azure or Microsoft cloud server. I can't see that surviving the first 10 minutes of a conflict.
Virtualised terminal is virtualised terminal. It doesn't really matter. Presumably the first preference would be local virtualisation, but could be hosted elsewhere, it doesn't have to be in a Microsoft or AWS data centre. It could be in a shipping container 1km away out of the photo op. It could even be on an E7, or a government server elsewhere, but then you are dependant on your wireless communication links.
Part of the CEC is the ability to share radar data between and across the network. Not just there is a target at x,y,z but actual radar data, in a way to improve accuracy, etc. In this way, you are already pretty dependant on your wireless links. Again, if the CEC network drops out, you go back to the information you actually have from your own sensors.
Being Aegis back end, in theory, the Aegis integrated weapons, ESSM, SM-2, SM-6, SM-3 etc are all potentially available.