SQL Server 2008 R2 introduces several new features and enhancements including improved scalability, manageability, reporting, and data compression. Some key highlights include support for more than 64 CPUs, Unicode data compression, the SQL Server Utility for managing multiple instances, data-tier applications to define database objects as a single unit, and new reporting features like maps, spatial data visualization, and Atom data feeds. The presentation provides an overview of new capabilities in SQL Server 2008 R2 and highlights several major areas of enhancement compared to SQL Server 2008.