Operating systems are software that manages hardware resources and provides common services for software applications. They are found on personal computers, servers, game consoles, smartphones, and other devices. Operating systems perform important functions such as managing the processor and memory, controlling storage devices, providing a user interface, and managing files. They allocate time and memory to processes and enable processes to communicate and share system resources while protecting each process's memory space. Device drivers allow the operating system to communicate with hardware and virtual memory uses the hard drive to supplement physical RAM, allowing for more efficient memory management and multitasking.