The CakePHP Framework has several features that make it a great choice for developing web applications rapidly.

1. It helps developers to reduce code repentance in creation of websites or web applications
2. Cake is easy to understand and sets industry standards in security and session handling.
3. It provides powerful and flexible data validation features.
4. CakePHP reduces the cost of website creation and ongoing maintenance.
5. It is developed under the MIT license so it is free for everyone.
6. Built in view helpers for AJAX, JavaScript, HTML Forms and more
7. Compatible with PHP4 as well as PHP5

OmniSpear, Inc. has been using CakePHP as the primary framework of choice for several years and has experience developing and deploying large scale e-commerce, web site, and intranet systems.