This document summarizes new features in SQL Server 2008 R2 including management, scalability, availability, and business intelligence enhancements. Key updates include improved multi-server management with the SQL Server Utility, data-tier application management, increased virtualization support through Hyper-V, Master Data Services, StreamInsight for complex event processing, PowerPivot for self-service reporting, and new premium editions for high scalability. It also provides an overview of SQL Server 2008 R2 editions and licensing changes.