Beyond Dashboards – How Decision Intelligence Optimizes Industrial Asset Risk

In this episode of Data Driven, host Frank La Vigne sits down with Andy Pruett, co-founder and CEO of Lumiscent, to explore a topic often overlooked in the industrial sector: it’s not a data problem—it’s a decision problem. Andy explains how industrial companies are drowning in sensor data, but struggle to transform that information into actionable decisions that minimize physical asset risk. The conversation dives into how AI-powered decision intelligence can illuminate hidden vulnerabilities, contextualize risk in real-time, and empower industries like mining, manufacturing, and energy to make smarter, faster calls on the shop floor. From the challenges of aging infrastructure to the growing retirement wave of experienced engineers, this episode reveals how the right blend of technology and expertise is shaping a new era of operational resilience and risk management. Links Andy on LinkedIn -https://www.linkedin.com/in/andypruett/ Watch on YouTube -https://www.youtube.com/watch?v=qzpVpgoO5KA Lumicent -https://www.lumicent.com/ Blog Post -https://www.franksworld.com/2026/09/28/navigating-the-data-tsunami-from-iot-sensors-to-smarter-decisions-in-industrial-operations/ Time Stamps 00:00 Focusing on asset risk management 03:56 Managing food plant risks 07:48 Managing information in heavy industries 11:45 Workforce challenges and knowledge loss 16:00 Transforming data into decisions 18:46 Predictive maintenance challenges in plants 22:14 Adoption urgency and house analogy 27:32 Collaborating with Risk Engineers 29:16 Understanding insurance risk strategies 32:31 Insurance industry changes and parametrics 36:46 Managing risk in operations 40:03 Challenges with predictive analytics in cars 43:02 Getting into engineering from Alaska 45:37 Handling a power outage crisis 49:01 Wrapping up and contact info