It's particularly helpful in larger infrastructures where tool variability means differences in available commands, their output, and cli options. I'm sure /proc iteration has its own issues of variability across large infrastructres, but I haven't seen it. It's a fairly consistent API. Or at least it was, since I haven't touched a large infrastructure in some time.
When I got tired of `lsof` not being installed on hosts (or when its `-i` param isn't available) I ended up writing a script [1] that just iterates through /proc over ssh and grabs all inet sockets, environment variables, command line, etc from a set of hosts. Results in a null-delimited output that can then be fed into something like grafana to create network maps. Biggest problem with it is the use of pipes means all cores go to 100% for the few seconds it takes to run.