This document discusses new features in SQL Server including MERGE statements, table valued parameters, grouping sets, and FILESTREAM storage. MERGE statements allow inserting, updating, and deleting data in one statement based on matching or non-matching rows between two tables. Table valued parameters allow passing tables of data as parameters to stored procedures. Grouping sets enable grouping data by multiple columns in a single query. FILESTREAM storage integrates the database engine with the file system to allow storing large binary objects on disk for improved performance.