According to the Wall Street Journal, the advent of cloud computing may be likened to the Industrial Revolution based on the platform's "promise to shape our future world."

The cloud's biggest impact will be felt in the business sector, as virtualized data outsourcing will likely change how many companies manage their information technology infrastructure.

"Cloud computing represents a paradigm shift in how IT infrastructure and software are delivered and consumed," Christian Klezl, vice president of IBM Northeast Europe, told the news source.

The most common cloud application currently employed by businesses is virtualized email, such as Google' Gmail service, reports the media organization. It is lauded as a cost-saving measure, as the storage of email capabilities online frees up a company's IT resources and lessens its power demands.

The cloud is expected to become a worldwide phenomenon. A report by Gartner found that by 2015, 50 percent of the world's top 1,000 businesses plan to utilize the cloud in major revenue-generating processes.

The U.S. government is poised to follow the business sector's adoption of cloud computing. According to federal CIO Vivek Kundra, national agencies are greatly encouraged to make the switch to the cost-effective platform.

Recently, the U.S. Department of Agriculture migrated its email to the cloud, which will save the agency $27 million annually.