Most companies worry about cost and security issues when it comes to connectivity options.MPLS technology can solve these problems and therefore it is fast becoming a popular option with many organizations.

MPLS VPN stands for Multi Protocol Label Switching over a Virtual Private Network.
CIO's can derive many advantages with this technology,which has been slowly but steadily catching up over the years.
There are several reasons behind this.

MPLS VPN is based on a mesh network topology giving its user traffic-engineering capabilities for bettter management, making the network reliable even if the connection breaks down.
This gives the technology an edge over existing routing and packet switching devices.

Being on the Internet, VPN's provide a cost advantage over other technologies such as leased lines. MPLS VPN's offer security organization get the best possible combination

VPN's are being used by organisations to interconnect offices located at different sites

The use of MPLS allows for cheaper and easier future expansion.

With MPLS VPN's it is very easy to create new sites without much difference unlike leased lines where new lines have to be laid down for every new site

MPLS VPN's offer better manageability

at a lower cost due to the reduced need to lay a network.

Another advantage of MPLS VPN is that QoS is higher because of its end-end circuit architecture.

Companies which have high band width requirements are now opting for MPLS VPN's

The organization has the flexibility to easily upgrade the bandwidth whenever required

One of the major advantage of MPLS VPN is that it does not require major infrastructural changes.

However, it has to be noted that some configuration changes might be required at the end CPE.
This allows companies not to invest in and manage a private network infrastructure
Service providers offer multiple classes of services at different price points based on the applications needs of the enterprises.

Given the advantages, it can be concluded that organisations which are expanding their business, as well as businesses setting up remote offices are adopting the MPLS technology. IT/ITES is one of the vertical that could see and increased adoption as customer demand grows, and as they add locations where MPLS economies would be better
Business sectors like telecommunications, finance and banking, which always have the pressure of better productivity, also seem to be deploying these technologies.
MPLS-based solutions are also quite popular with organizations under consistent pressure of performance.