A common point of confusion is the assumption that the Evaluation edition can be converted to a full "Retail" or "Volume License" edition without data loss. While Microsoft does provide the DISM /Set-Edition command, this conversion is only possible if the server was installed as an evaluation and has been properly prepared. Even then, the process is delicate; any pending reboots or corrupted component store (CBS) will block the conversion.
At its heart, the Windows Server 2016 Standard Evaluation is a carbon copy of its paid counterpart. For 180 days—with the option to renew up to three times via the slmgr -rearm command—the user experiences no artificial throttling of performance or feature blackouts. It includes the full suite of Standard edition capabilities: two operating system environments (OSEs) or one Hyper-V container plus two Windows Server containers, Storage Replica for disaster recovery, and the Nano Server installation option.