Dom0 is the management domain of OVM
On X86 servers, dom0 kernel is actually a small-footprint Linux kernel with support for a broad array of devices, file systems, and software RAID and volume management. and it is tasked with providing a view of the system hardware available to the hypervisor. and it also allows you to interact directly with the hypervisor to control access to resources as well as performing various tasks such as creating, destroying and controlling guest operating systems, and presenting those guests with a set of common virtual hardware. Dom0 only provides a means to administer the hypervisor.
On SPARC-based servers, the management domain, usually referred to as the primary service domain or control domain, is created when the logical domains manager is installed. If installed on an existing server that is not already configured for logical domains, the current Operating System automatically gets promoted to primary domain status. The primary domain runs an Oracle Solaris kernel and is responsible for the creation and management of all other domains. It is also responsible for providing access to virtualized hardware resources.
On x86 servers, domU is the guest operating systems's management domain. DomUs are unprivileged domains with no direct access to the hardware or device drivers. Each domU is started alongside dom0.