Cloud tagging is a crucial aspect of cloud computing that enables organizations to understand the cost of their cloud environment, govern their resources, and ensure security. A well-planned cloud tagging strategy helps teams identify affected systems, functions, and potential business impact in case of security incidents. It also improves resource management, cost control, and optimization by categorizing data for monitoring, budgeting, alerting, tracking, and reporting on recurring expenditures. Furthermore, tags enable organizations to maintain uniformity across resources, discover policy deviations, and assess regulatory compliance. Automation and workload optimization are also facilitated through tagging, which helps identify trends and assets required by specific workloads. To create an effective cloud tagging strategy, organizations should bring all stakeholders together, review the minimum tagging set, choose relevant tags, keep reviewing their approach, and automate tagging reconciliation. By doing so, they can establish clear standards and procedures for tagging, improve visibility into cloud use and expenses, and achieve greater efficiency across areas such as finance and DevOps.