The news provides a stream of reports that factory workers will be replaced by robots due to the Industrial Internet of Things (IIoT). But actually, IIoT is transforming the way companies and factories operate by automating actionable information starting with the supply chain, through the factory floor, all the way to customers, and this will potentially save an exceptional amount of money over time. This white paper explores IIoT market segments, some examples of the payoff of converting factories to the IIoT, and takes a look forward to what IIoT means in the future.