While I’ve been pushing the ideas of using OLAP data cubes to evaluate scientific data for awhile, I thought it might be a good time to pull together some relevant papers and links. I believe OLAP is ideal to help analyze large quantities of data including time series information...making it easier for the scientist/researcher to explore the data in real-time and from tools they know like Excel. For example the data served up on FluxData site is done by creating OLAP cubes using SQL Server Analysis Services.
A couple of tools/links that might be of interest as well:
Here are a couple of papers that reference the use of OLAP for different types of scientific data.
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This is great news - Software-plus-Services that any scientist/researcher could use.  The SQL Server