Methods and systems for a monitoring system for data collection in an industrial environment including a data collector communicatively coupled to a plurality of input channels connected to data collection points related to machine components, wherein at least one of the plurality of input channels is connected to a data collection point on a rotating machine component; a data acquisition circuit structured to interpret a plurality of detection values from the collected data, each of the plurality of detection values corresponding to at least one of the plurality of input channels; and an expert system analysis circuit structured to analyze the collected data, wherein the expert system analysis circuit determines a failure state for the rotating machine component based on analysis of the plurality of detection values, wherein upon determining the failure state the expert system analysis circuit provides the failure state to a data storage.