Over one million active customers manage application resources with https://aws.amazon.com/cloudformation/ every week. You can create various AWS resources using CloudFormation to setup an environment for your workloads.
The inability to perform a hand-off between resource provisioning actions in CloudFormation and resource management actions in other relevant AWS and non-AWS services poses a challenge. For example, after provisioning of resources, customers might need to perform additional tasks to manage these resources such as adding cost allocation tags, populating resource inventory database or trigger downstream processes.
CloudFormation events provide a robust way to track the status of individual resources during the lifecycle of a stack.