A machine condition monitor resides in close proximity to a machine train, such as an AC inductive electric motor coupled to a driven unit such as a centrifugal pump or fan. A plurality of sensing devices are connected to the machine and the machine condition monitor. Machine state and condition parameters sensed by these devices are utilized by the machine condition monitor to derive machine condition values for each component and for the machine train as a whole. These derived condition values are transmitted via an industrial communications network to a control center where they can be trended and monitored. With no particular knowledge of machine analysis techniques or severity of specific machine faults, and no special training, Operators and Production Planners can use the condition values to plan production schedules, adjust process parameters, and request appropriate maintenance action.