Kubernetes offers a range of key features and benefits, including scalability that can handle large and small workloads equally well, container orchestration that automates the process of pulling images from registries and provisioning and deploying containers on servers, storage orchestration that automatically connects containers to infrastructure for persistent data storage, self-healing capabilities that allow workloads to recover autonomously when something goes wrong, service discovery and load balancing that exposes applications as network services and balances traffic between them, rolling updates and rollbacks that make it easy to update and revert applications without downtime or disruption. By leveraging these features, Kubernetes brings significant benefits such as easy deployment and updates, app stability and availability in cloud environments, multi-cloud capability, portability across cloud providers, availability of resources online, cost-effectiveness, and increased DevOps efficiency for microservices architecture. While there are alternatives to Kubernetes, many lack its core features and benefits, making it the best option for a majority of use cases today.