After choosing your Azure AD licensing, you'll get access to some or all of the following features for your organization:

Application management: Manage your cloud and on-premises apps using Application Proxy, single sign-on, the My Apps portal, and Software as a Service (SaaS) apps.

Authentication: Manage Azure Active Directory self-service password reset, Multi-Factor Authentication, custom banned password list, and smart lockout.

Azure Active Directory for developers: Build apps that sign in all Microsoft identities, and get tokens to call Microsoft Graph, other Microsoft APIs, or custom APIs.

Business-to-Business (B2B): Manage your guest users and external partners, while maintaining control over your own corporate data.

Business-to-Customer (B2C): Customize and control how users sign up, sign in, and manage their profiles when using your apps.

Conditional Access: Manage access to your cloud apps.

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