1. A computer program product including computer executable instructions stored onto a non-transitory computer readable medium which, when executed by a processor of a computer, cause the computer to perform a method for executing an application instance in a virtualized environment, the instructions comprising: instructions to receive an event request associated with an element; instructions to determine an application associated with the event request; instructions to determine a tenant associated with the event request; instructions to assign a partition to execute the application instance of the application for the event request; instructions to create a partition index for the assigned partition, wherein the partition index is used to store information about the assigned partition; instructions to load data associated with the tenant into the partition for execution of the application instance; and instructions to execute the application instance in the partition to process the event request.