MPLS
Technologies such as Multiprotocol Label Switching (MPLS) and the Resource Reservation Protocol (RSVP) create virtual circuits on top of datagram networks. MPLS and its predecessors, as well as ATM, have been called "fast packet" technologies. MPLS, indeed, has been called "ATM without cells". Virtual circuits are especially useful in building robust failover mechanisms and allocating bandwidth for delay-sensitive applications.