The document discusses new features and enhancements in Visual Studio ALM 2015, including the merging of Visual Studio Premium and Ultimate into Visual Studio Enterprise, cross-platform support, and improved build and release management with Build vNext. It highlights the integration of Power BI for reporting and various improvements to Git functionalities and the Kanban board experience. The presentation also covers user experience improvements, Docker support, and new extensibility options, aimed at enhancing productivity for developers.