Same author has another blog that is very good on this question, https://blogs.sap.com/2022/11/22/sap-alm-partner-conference-apj-2022-highlights-key-take-aways/
There are several blogs on this subject, a good one is this one https://blogs.sap.com/2023/03/06/advantages-of-sap-cloud-alm-vs-sap-solution-manager/Have a look!
