What are the major benefits of using Version Control System (VCS)?

Thanks to the version control system (VCS), you can:

• collaborate in a team where each member of the team can easily change the source code and share the changes within the team
• see all source code changes that happened over the time
• see who changed what and when
• compare two versions against each other
• get back in time to any version you want
• work on multiple versions of the source code at a time and merge them together later
• run automated actions whenever someone does any change to the code base