Because Pulumi uses real programming languages, you can actually write abstractions for your infrastructure code, which is incredibly empowering. You still 'describe' your desired state, but by having a programming language at your fingers, you can factor out patterns, and package it up for easier consumption.

We use Terraform to manage AWS cloud environment for the project. It is pretty complex, largely static, security-focused, and constantly evolving.

Terraform provides descriptive (declarative) way of defining the target configuration, where it can work out the dependencies between configuration elements and apply differences without re-provisioning the entire cloud stack.

Terraform is vendor-neutral in a way that it is using a common configuration language (HCL) with plugins (providers) for multiple cloud and service providers.

Terraform keeps track of the previous state of the deployment and applies incremental changes, resulting in faster deployment times.

Terraform allows us to share reusable modules between projects. We have built an impressive library of modules internally, which makes it very easy to assemble a new project from pre-fabricated building blocks.

Software is imperfect, and Terraform is no exception. Occasionally we hit annoying bugs that we have to work around. The interaction with any underlying APIs is encapsulated inside 3rd party Terraform providers, and any bug fixes or new features require a provider release. Some providers have very poor coverage of the underlying APIs.

Terraform is not great for managing highly dynamic parts of cloud environments. That part is better delegated to other tools or scripts.

Terraform state may go out of sync with the target environment or with the source configuration, which often results in painful reconciliation.