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In Danfoss' compressor factory in Wuqing, China, automatically-guided vehicles drive up and down the aisles and supply workers with components.

The same workers use intelligent Bluetooth connected tools that automatically tell if an assembly process is incorrectly performed.

Advanced auto-visual monitoring of compressor parts checks for errors throughout the entire assembly process.

The use of these smart technologies has certainly paid off for Danfoss.

Compared to two years ago, employee productivity has gone up by 30 per cent, scrap costs down by 20 per cent, and customer complaints are down a whopping 57 per cent.

And, now, Danfoss in Wuqing has made it onto the World Economic Forum's list of 16 of the world's smartest factories.

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