Dynamic Content transitions were first introduced in PowerPoint 2010 (these also work in PowerPoint 2011 for Mac). When these transitions are applied to your slide, the actual transition occurs on all areas of the slide except the backgrounds. This makes your content move independently on and off the screen. PowerPoint 2013 provides seven different transition effects within the Dynamic Content category — do experiment with these options for direction and timing to create some great looking presentations.
Explore Dynamic Content transitions in PowerPoint 2013 for Windows.

