This video explores the recent updates to AWS IAM Identity Center, formerly known as AWS SSO. It walks through the console changes, highlighting new features like support for customer managed policies and permission boundaries in permission sets. The video demonstrates how to add custom SAML 2.0 applications and shows that CLI commands still use 'aws sso' for backwards compatibility. Overall, it provides a comprehensive overview of the enhanced capabilities for managing access across multiple AWS accounts and applications securely through Identity Center.