Are You Smarter Than a Smart Grid?May 19th, 2010 | Data and Information Analysis,News,Online & Small Business Resources,Small Business,Small Business Tips | No Comments »
I was reading this article in the Denver Post today when I realized that the next large source of consumer behavior-related data may not be Facebook or any other social networking site…heck, it might not even be sourced directly from the Internet! Judging from the fact that the “smart grid” is supposed to be rolled out to 52 million people by 2015, the next source of data that marketers may very well be trying to get about you and I may be obtained by determining the patterns and type of electricity we use on a daily basis.
If companies were able to get their hands on this data they could apparently not only determine how many loads of laundry you do each week, but they could also figure out what kind of TV you own, how many times you shower and how many people are in your household! I never really thought about it this way, but the way we use electricity can tell a lot about a person and an entire family. Just think how powerful this data would be to consumer goods companies that could market certain products to people based on this information!
Another use for this data is law enforcement…this electrical data could point police to homes that are using certain lights to grow marijuana in their basements or to other criminals who use certain power-consuming equipment to make methamphetamine.
To nobody’s surprise Microsoft and Google are already all over the management of this smart grid data. Microsoft’s Hohmproduct and Google’s PowerMeter application are already being used by the 200,000 early adopters of the smart grid being tested in Boulder, Colorado, that now monitor their electrical consumption online using these tools.
What could your business do if you had access to this data?