CloudFormation templates are essential for DevOps, allowing you to create consistent and repeatable environments, reduce human errors and manual tasks, and integrate with other AWS services and tools. For instance, you can use them to launch and configure multiple resources at once, such as EC2 instances, VPCs, security groups, IAM roles, and more. Additionally, CloudFormation templates can be updated or deleted in a controlled and predictable way with rollback and change set features. You can also parameterize and customize your templates for different environments, such as development, testing, staging, and production. Moreover, CloudFormation includes nested stacks to modularize and reuse your templates across different projects and teams. Furthermore, you can validate and debug your templates before deployment using the CloudFormation Designer or CLI. Additionally, CloudFormation Change Sets allow you to preview and approve changes before applying them to your stacks. StackSets enable you to deploy your templates across multiple accounts and regions with centralized management and governance. And Stack Policies protect your critical resources from accidental updates or deletion. Outputs can be used to export values from your stacks to other stacks or external applications. CloudFormation Init, cfn-hup, cfn-signal are useful for installing software or running scripts on EC2 instances during or after launch. Wait Conditions and Wait Condition Handles help synchronize the creation of dependent resources or signal the completion of a bootstrap action. Custom Resources extend the functionality of CloudFormation with custom logic or third-party APIs. Macros transform your templates with custom processing rules or reusable snippets. The CloudFormation Registry and Modules allow users to discover and share custom resources and modules. And finally, CloudFormation Linter checks your templates for syntax errors, best practices, and security issues.