Artificial Intelligence (AI) is a cognitive science to enables human to explore many intelligent ways to model our sensing and reasoning processes. Industrial AI is a systematic discipline to enable engineers to systematically develop and deploy AI algorithms with repeating and consistent successes. In this paper, the key enablers for this transformative technology along with their significant advantages are discussed. In addition, this research explains Lighthouse Factories as an emerging status applying to the top manufacturers that have implemented Industrial AI in their manufacturing ecosystem and gained significant financial benefits. It is believed that this research will work as a guideline and roadmap for researchers and industries towards the real-world implementation of Industrial AI.