Using data to harness social pressure can be a powerful force for good (video)

June 04, 2013: 03:54 PM ET

(gigaom.com) -- For the past five years Opower has been conducting the largest behavioral science experiment in the world, Opower co-founder Alex Laskey said during his TED talk this year, which was just published online. Opower uses software and data to send messages to utility customers to convince them to lower their energy consumption, and far and away has found that using the social pressure of how much energy someone’s neighbors have saved, is what commonly drives the biggest results for its users.

Many people in the tech industry, and energy circles, are familiar with Opower. As I wrote last year, they’re the big data energy player to beat. But it’s good to see Laskey’s TED talk — in which he shows the actual volume of the coal needed to power a light bulb for a year — get some more mainstream play. I’m also excited about the emergence of competition in this energy data and efficiency field, as that will lead to even more innovation in using data and software to reduce energy consumption. Watch the video!

Related research and analysis from GigaOM Pro:
Subscriber content. Sign up for a free trial.

CNNMoney Sponsors
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2013 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2013 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2013. All rights reserved. Most stock quote data provided by BATS.