A power tool data collection system includes a memory in a housing of a power tool that stores data corresponding to at least one operational parameter of the power tool, a wireless data transceiver communicatively connected to the memory, and a controller operatively connect to the memory. The wireless data transceiver transmits the data corresponding to the at least one operational parameter of the power tool to an external wireless transceiver in response to receiving a signal from the external wireless transceiver. The controller identifies the at least one operational parameter of the power tool during operation of the power tool and stores the data corresponding to the at least one operational parameter in the memory to enable the wireless data transceiver to transmit the data.
