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This is just ad copy/white paper with a clickbait title

So much text and so little actual information.

Why would you name your company after your competitor's product?

There are a few companies and products that have adopted the "Terra" prefix. Terragrunt and Terramate standout.

Maybe both just happen to be named after the place where we all live?

“CTO” (subtext: “the engineer”)

I am the engineer! It's true.