Tagging Policy

A tagging policy in FinOps refers to a structured approach for assigning metadata to cloud resources. This metadata, in the form of tags, helps organizations track, manage, and optimize their cloud spending. Tags are key-value pairs that provide additional information about resources, such as their purpose, owner, or cost center. It enables organizations to: A…

Tagging Strategy

A tagging strategy in FinOps is a systematic approach to labeling cloud resources with metadata to improve cost allocation, resource management, and overall financial governance. This practice is crucial for organizations seeking to optimize cloud spending and enhance operational efficiency. They enable organizations to: Tagging supports the core principles of visibility, accountability, and optimization as…

Terraform

Terraform is an open-source Infrastructure as Code (IaC) tool that allows users to define, provision, and manage cloud infrastructure resources using a declarative language. Developed by HashiCorp, Terraform has become a crucial component in modern cloud infrastructure management, enabling organizations to automate and streamline their infrastructure deployments across multiple cloud providers. Core Concepts and Functionality…

Terragrunt

Terragrunt is an open-source tool that enhances Terraform’s capabilities by providing additional features for managing infrastructure as code. It serves as a thin wrapper for Terraform, offering improved modularity, code reusability, and remote state management. Terragrunt was developed to address common challenges faced by teams using Terraform for large-scale infrastructure management. It was created by…