It has come to our attention that there is issues when doing an upgrade of your install to SOLIDWORKS 2016 with a Standard license. As there are a couple new features available in 2016, FeatureWorks & Utilities you may be thinking about upgrading earlier.
The issue is that after you upgrade the install these items are not available. So you wonder what happened to them they should be available as I saw the Whats New and it said they are now part of the Standard license.
It has been identified that the upgrade of your 2015 install to 2016 is not bringing these reatures in. So what you will need to do is during the install select to create a new install of 2016. This will leave 2015 installed and if you do not want this you can uninstall it. This can be done before or after the install of 2016.
This issue is currently being looked at under SPR 916647 and will be fixed in an upcoming SP release.