Xamarin allows developers to build native mobile apps for iOS and Android using C# with a high level of code reuse between platforms. It offers the complete mobile development lifecycle including tools for building, testing, and monitoring apps. Developers can test apps on over 2,000 real devices in the cloud and monitor app performance and usage in real-time after release. Xamarin's approach allows for faster development time compared to traditional native or cross-platform approaches while delivering native user interfaces and performance.