Data tables can also make things considerably faster. A colleague of mine once made a spreadsheet something like an order of magnitude faster by switching to data tables. (Maybe more speedup than that, even.)
If you are building a business plan in Excel, or trying to explain how the financial accounts consolidates in a large organisation with multiple subsidiaries, tables are not particular useful.
That's the catch with Excel. One application, thousands of very different use cases.
Edit: and of course individual cells can be renamed since forever.