The 'wc' command in Linux provides a fast way to analyze a file without opening it by counting lines, words, and characters.
Using different options like -l, -w, -c, and -m allows for specific counts such as lines, words, characters, and multi-byte characters.
Practical examples of where 'wc' saves time include showing all stats, counting lines for logs, word count for documentation, and comparing multiple files.
Advanced usage includes piping output into 'wc', monitoring log growth, and integrating it into debugging, validation, reporting, and performance tasks.