Are there any case studies that discuss the impact on data transmission speeds in a virtualized environment?

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Microsoft virtualization
Microsoft Virtualization Chat 5/14
Virtualization Performance
We have a few applications that are highly sensitive to communication latency; are there any studies or case studies that discuss the impact on data transmission speeds in a virtualized environment? This question is from the 5/14 Microsoft Virtualization Chat on ITKnowledgeExchange.com

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Application data speeds can be affected by the congestion of networking VMs on one host or guest to host congestion. Hyper-V R2 has significant performance gains for guest VMs and you can leverage greater host network capacity with Hyper-V also.

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