7 ways to optimize cloud spend with Terraform

Cloud waste is a significant issue, with 94% of respondents to the 2023 HashiCorp State of Cloud Strategy Survey experiencing avoidable cloud costs. The most common sources of cloud waste are overprovisioning, idle resources, and lack of tracking. To mitigate these issues, HashiCorp Terraform offers seven capabilities: modules for standardizing configurations; no-code provisioning for simplified workflows; policy as code frameworks for automating approval criteria; run tasks for integrating with third-party cost optimization products; drift detection and health assessments for monitoring infrastructure changes; continuous validation for ongoing checks on infrastructure; and ephemeral workspaces for automating the destruction of temporary resources. These features help organizations reduce cloud waste, manage costs, enforce policies, and increase productivity throughout the cloud adoption process.