Abstract: A hosted facilities management system and method capable of simultaneously monitoring a plurality of conditions, equipment, and systems within one or more facilities is described and claimed. The monitoring system collects, archives, and processes data pertaining to utility services at a facility, environmental conditions within a facility, security around and within a facility, hazardous conditions within a facility, and equipment functionality including but not limited to manufacturing, telecommunications, and data management operations. Anomalous conditions are identified and reported. Data is filtered and compressed to facilitate the efficient storage and management of conditional state data collected from multiple sources. Archived data is retrieved and reported to client facilities via various means. Graphical, numerical, and plot reports are viewable over a distributed network.