A system is provided for monitoring system and operational parameters on one or more pieces of machinery or equipment. The system can monitor the pieces of machinery or equipment in real time, i.e., the time delay between the taking of a measurement on a piece of equipment and its subsequent display in the system is within accepted standards, e.g., from about 1 second to about 1 minute depending on the type of measurement or data set being monitored. The system can also permit the tracking of the pieces of machinery or equipment and can enable the transfer, i.e., the sending and/or receiving, of information between the system and the pieces of machinery or equipment.