In recent years, wireless technologies are advancing very rapidly causing a strong demand for data processing centers. Currently wireless system processing is done in the same base station, but the deployment of fiber optic networks raises the possibility of moving all that processing to farms of PCs, or Clouds, applying Software Radio concept in all its fullness. With this new paradigm several open questions about how the scheduler or management should be for these new structures arise. One of the available tools, with suitable functionalities, to perform management tasks in cloud arena is OpenStack. Thus, OpenStack, an open source project designed to implement large-scale Clouds, offers a platform to concentrate all processing in a single geographic location. Unfortunately Cloud system was designed to provide services to Internet servers, so this work is aimed at analyzing the feasibility of a Cloud for dealing with signal processing of wireless waveforms and take care of the real-time performance of software-based wireless implementations.