Microsoft SharePoint Products and Technologies provide a host of features and functionalities for Collaboration, Portal, Search, Enterprise Content Management, Forms Driven Business Process, and Business Intelligence.

• Collaboration: Helps keep teams connected and productive by providing easy access to the people, documents, and information users need to make informed decisions.  In addition, there is document life-cycle control, task notification, RSS web-based UI and navigation.
• Business Intelligence (BI): Provides BI capabilities to share, control, and reuse information.  This includes web and programmatic access to dashboards, Excel spreadsheets, and reuse of line-of-business data.
• Search:  This has been enhanced to provide a familiar search experience with improved scalability, extensibility, and manageability.  Advanced search reaches outside SharePoint and with indexed content provides a central search tool to find information quickly as an enterprise search.
• Portal: Designed especially for designing, deploying and managing enterprise intranet portals, and corporate internet presence websites and portal sites.
• Content Management: Core functionality includes major and minor versioning, check-out/ check-in document locking, workflow, content type-based policies, role-based access controls at the library level, and auditing.  There is enhanced authoring, processing, publishing, records management, and even multilingual publishing.
• Forms Driven Business Processing: Easy-to-use processes, XML-based electronic forms that integrate with existing systems.  Form management and maintenance is centralized and helps extend business processes to customers, business partners and suppliers.