You can go in all directions with this basic flower. You can bake with it, but this flour is also great for making and binding sauces.
This flour is suitable for making pizza dough, bread dough, pie dough and also dough for many Italian sweets. Handy to have in stock for many applications. This flower in the blue suit is mainly used for recipes with somewhat shorter (1 to 2 hours) to average rising times (about 2 to 8 hours).
Also have a look this pdf if you are interested in all the (technical) details of this pizza flour.
If you plan on just baking pizza, try the red 00 flour packet Molino Caputo. You use the flour in the red pack if you let your dough rise for more than 8 hours. Or when you use the cooling technique and let your dough rest and ripen in the refrigerator for 24 to 48 hours.