Microsoft alternative to VMware vSphere 5.5 Standard Acceleration Kit with Operations Management

Looking at the functionality of VMware vSphere 5.5 Standard Acceleration Kit with Operations Management:

What microsoft product is an alternative to this?  If I want to go all-Microsoft and I have 2 host machines, and I install Server 2012r2 on both machines and configure a cluster and then run hyper-v VM's, what do I need to duplicate the VSPhere features, especially Fault Tolerance:

"Provide continuous uninterrupted availability for applications with zero data loss in the event of server failures"

Is Microsoft System Center 2012 (Standard or Datacenter) what I am looking for?

Who is Participating?
Andrew Hancock (VMware vExpert / EE MVE^2)Connect With a Mentor VMware and Virtualization ConsultantCommented:
Microsoft does NOT have a Feature that is equivalent to VMware vSphere FT!

VMware Fault Tolerance Product Brief

So if that's the feature you require, you will need to use VMware vSphere, otherwise:-

Microsoft Server 2012 R2 with Microsoft Systems Centre Virtual Machine Manager 2012 R2. (MSCVMM)

You will need to decide whether to purchase Server or Datacenter versions of Server 2012
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