TFS is a very Easy to use product,, Scalable and Configurable. It is very well integrated into a native development environment , with massive reporting services. TFS helps not only to manage R&D groups but to easily create , change and implement work processes rapidly.
TFS provides end to end Application Life Cycle management capabilities ,
Room for Improvement:
It is windows only product
We chose TFS because it was the native choice for .Net development. Although in the bank there are other ALM products (separated for bugs, demands, deployments), we insisted on using a complete one solution for our new development projects, and as for now, TFS is doing its way to become a mainstream product for .Net based develoment projects.