The Microsoft Summit 2014 showcased advancements in Windows Server Hyper-V, highlighting improvements in cluster scalability, management of large-scale clusters, and virtual machine support. Key features included enhanced support for failover clustering, dynamic quorum, and integration with Windows PowerShell, among others. The document outlines specifications for various storage solutions compatible with Hyper-V, emphasizing the importance of software-defined networking and Infrastructure as a Service (IaaS).