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