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Using Azure Artifacts to store and version packages provides teams with a powerful way to manage dependencies effectively. Azure Artifacts offers a package management solution that allows teams to host and share packages, enabling them to control versions and dependencies in a structured manner. This capability fosters collaboration by providing a centralized location for package storage, which ensures everyone on the team is using the same version of dependencies, reducing the likelihood of compatibility issues.

Additionally, Azure Artifacts supports various package types, including NuGet, npm, and Maven, allowing teams to use the tools and languages they are familiar with while benefiting from a consistent approach to package management. By employing Azure Artifacts, teams can automate the process of integrating and updating dependencies, further streamlining their development workflow and enhancing overall productivity.

In contrast, manually tracking versions of dependencies can lead to inconsistencies and errors, as it lacks the systematic approach provided by Azure Artifacts. Relying solely on external dependency management tools can create disjointed workflows and may not integrate well with Azure DevOps services. Avoiding dependencies altogether is impractical, as most projects inherently rely on external libraries and packages, making effective management essential for successful project delivery.