We consider the assignment of enterprise applications in virtual machines to physical servers, also known as server consolidation problem. Data center operators try to minimize the number of servers, but at the same time provide sufficient computing resources at each point in time. While historical workload data would allow for accurate workload forecasting and optimal allocation of enterprise applications to servers, the volume of data and the large number of resulting capacity constraints in a mathematical problem formulation renders this task impossible for any but small instances. We use singular value decomposition (SVD) to extract significant features from a large constraint matrix and provide a new geometric interpretation of these features, which allows for allocating large sets of applications efficiently to physical servers with this new formulation. While SVD is typically applied for analytical purposes like time series decomposition, noise filtering, or clustering, in this paper features are used to transform the original allocation problem in a low-dimensional integer program with only the extracted features in a much smaller constraint matrix. We evaluate the approach using workload data from a large Data center and show that it leads to high solution quality, but at the same time allows for solving considerably larger problem instances than what would be possible without data reduction and model transform. The overall approach can also be applied to other large integer problems, as they can be found in applications of multiple or multi-dimensional knapsack or bin packing problems.