If an organisation has more access to data and have access to high end computers like GPUs it’s recommended to use Hugging face as it will give better accuracy than any other models. If an organisation having less data and has less access to GPUsis looking for decent performance then traditional algorithms are more appropriate than hugging face
Keras is quite perfect, if the aim is to build the standard Deep Learning model, and materialize it to serve the real business use case, while it is not suitable if the purpose is for research and a lot of non-standard try out and customization are required, in that case either directly goes to low level TensorFlow API or Pytorch
One of the reason to use Keras is that it is easy to use. Implementing neural network is very easy in this, with just one line of code we can add one layer in the neural network with all it's configurations.
It provides lot of inbuilt thing like cov2d, conv2D, maxPooling layers. So it makes fast development as you don't need to write everything on your own. It comes with lot of data processing libraries in it like one hot encoder which also makes your development easy and fast.
It also provides functionality to develop models on mobile device.
There are some other services offer similar capacity as to Hugging Face, but not entirely the same. For example, amazon web services have a machine learning service called Comprehend, which offer a set of easy to use APIs to do machine translation and entity recognition and some other common NLP use case.
Keras is good to develop deep learning models. As compared to TensorFlow, it's easy to write code in Keras. You have more power with TensorFlow but also have a high error rate because you have to configure everything by your own. And as compared to MATLAB, I will always prefer Keras as it is easy and powerful as well.