IP and ATM failed to deliver ?

well i don't say this but got this from the web site
of a competitor of cisco!!
But that is besides the point. Below I have reproduced
the text verbatim.
what it says that both IP and ATM failed as carriers
to carry puredata
due to different reasons as explained below. IP due to
the packet
forwarding features in traditional routers (i guess
cisco), and ATM
because it itself could not scale to the levels
required for pure data.
well would some one explain this what and how exactly
? specially how
ATM fails to scale for data traffic ?
"Although both ATM and IP held the promise of building
converged
networks in principle, neither actually delivered in
practice. ATM
networks were unsuccessful because they could not
scale to the levels
required for pure data applications. Traditional IP
networks failed
because they used legacy routers that implemented
forwarding and
features in software. These routers were not able to
achieve anywhere
near the performance needed for delivering services at
speed. So
providers had to choose between providing simple
connectivity with no
services or providing poor performance with services enabled."

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