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Yes very much possible, Oracle uses the same for there Trainings....
How you do it I am not sure...
An Exadata simulator VM environment exists, but it's restricted to Oracle internal use. Martin Bach wrote up a good summary of some of the issues involved at http://martincarstenbach.wordpress.com/2011/12/08/the-cause-for-and-against-the-exadata-simulator/1 person found this helpful
Thanks, as you said it restricted to oracle internal user. So I hope we have something in next few months
It is unlikely that Oracle will release this as it is a competitive advantage and the simulator would have Oracles proprietary code hence releasing it freely might have legal implications. Even till date you cannot legally posses Exadata manuals unless you own an Exadata machine as the documentation is part of the proprietary cell server storage software. Making the simulator available would lift that restriction. I do not think this would be made available to anyone outside of oracle and perhaps in the future a few select partners.