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.LinksAndy on LinkedIn -https://www.linkedin.com/in/andypruett/Watch on YouTube -https://www.youtube.com/watch?v=qzpVpgoO5KALumicent -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 Stamps00:00 Focusing on asset risk management03:56 Managing food plant risks07:48 Managing information in heavy industries11:45 Workforce challenges and knowledge loss16:00 Transforming data into decisions18:46 Predictive maintenance challenges in plants22:14 Adoption urgency and house analogy27:32 Collaborating with Risk Engineers29:16 Understanding insurance risk strategies32:31 Insurance industry changes and parametrics36:46 Managing risk in operations40:03 Challenges with predictive analytics in cars43:02 Getting into engineering from Alaska45:37 Handling a power outage crisis49:01 Wrapping up and contact info