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How Microsoft internally uses Team System

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A new Microsoft IT-Showcase gives a good inside view about operating and using Team System company wide.

Deploying Visual Studio 2005 Team Foundation Server as
an Enterprise-Wide Service

Published: July 2006 Updated: August 2006
By deploying Microsoft® Visual Studio® 2005 Team Foundation Server as an enterprise-wide service, Microsoft is standardizing methodologies for project management, software development, and software testing. This standardization provides a much more transparent management view into projects and makes complying with statutory reporting requirements much easier....

Find the study here or via direct link.