Visual Studio Team Services
Visual Studio Team Services is a platform for taking care of all aspects of the process for developing software or as we call it the Software Development Lifecycle,
You can share documents and code with your team, report bugs etc..
Visual Studio Team Services VSTS is an online hosted Microsoft service. You dont need to install anything, you can either go for a pay monthly or use the FREE 5 user license via www.visualstudio.com
VSTS is an Application Lifecycle Management ALM system i.e the System takes care of all aspects in software development form planning requirements, coding, testing, deployment and maintenance.
VSTS is a source code control, bug tracking, project management and team collaboration platform.
VSTS is tightly integrated with Visual Studio
Getting Started http://www.visualstudio.com