We are looking in to the pros and cons of the cloud vs a workstation for the bioinformatics of whole exome sequencing data and have been advised to use the cloud.
Specifically which cloud do people use and how much does it actually cost?
Hmm ! not a strategy I would have thought of but sounds like you know someone who has it working. In general we find that processor FLOPs are the limiting factor in sequence analysis - I suspect with the cloud (any cloud) you will find that upload/download speeds will become the limiting factor - how much of a limiting factor I am not sure.
The following shows an example for large-scale NGS sequencing analysis on Cloud/Condor from Argonne National Laboratory. I wish that it can give your some basic ideas in this area.
Globus Genomics Solution from University of Chicago and Argonne National Laboratory
If your research is mainly focused on plants then there is a free online cloud based infrastructure available free of cost. Though this cloud based computing is mainly restricted to plants, i heard that they do give access to people from other disciplines as well.
I have been using it for the last 3 years without any issues.....