Team Foundation Service

Maintaining a Version Control System is an additional overhead for a software development team and its further difficult when the team members are connecting from different regions of the world from different networks. Some development teams use different tools with different programming languages and maintaining different types of source controls will be a challenge. Most of the time project managers track development progress from some other system and team members should log in to that system at the end of the day and log whatever the things they have done.

Microsoft provides Team Foundation Service for Source Controlling facilities as well as project management capabilities with Scrum templates.
TFS Preview

http://tfspreview.com/

Team Foundation Service can be accessible from anywhere with IDEs like visual studio and eclipse. Development teams can be start working on their solution without thinking of managing infrastructure setup and maintainance in the their premises. It mainly provides following areas of services;

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