There are many benefits to working in the Agile way. We can look at this from several perspectives:
People: Better collaboration and an empowered work environment lead to happier teams.
Project: More likely to be on time, on budget, with better transparency and predictability. Able to adapt to change.
Working environment: Less silo, less bureaucracy, and ability to make faster and better decisions on a changing business landscape.
Better product: Customer-driven development and the ability to gather feedback to optimize the product quickly leads to more potent delivery and stronger business results.