The GS911 show what version of software is installed.
For some type of bikes it may show too much info, but its all divided into sections.
If you take some time "here" you will see screenshots.
Some BMW model specific owner sites have lists of "recalls and modifications".
Or you can do a online search.
The GS911 itself can not give you info re available updates.
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This is for everyone: When posting, please let us know the bike type (model) and year
Haakon