The presentation by Steve Poole focuses on IBM's JVM support for multi-tenant applications, outlining the importance of multitenancy in reducing complexity and costs in Java deployments. It addresses the challenges of building multitenant applications, including isolation and resource management, and introduces a new multitenant JDK feature intended to facilitate application sharing without code changes. The presentation concludes with a discussion on managing resources efficiently in shared environments, emphasizing the potential benefits for both service providers and end-users.