[mayank]

> Because there are many services (each with their own readiness criteria), a cold boot takes a long time until all services stabilize (worst case I've seen was over 30 minutes). With hibernation they can resume where they started off within a couple of minutes.

This is exactly what we use hibernation for in conjunction with EC2 Warm Pools -- fast autoscaling of services that have long boot times. There's an argument to be made that fixing slow boots should be the "correct" solution, but in large enough organizations, hibernated instances are a convenient workaround to buy you some time to navigate the organizational dynamics (and technical debt) that lead to the slow boot times in the first place.