A method for reducing bandwidth required for transmission of data in a device having two portions rotating with respect to one another. The first portion includes a data acquisition system (DAS) having a charge-to-digital converter and a digital signal processor (DSP) configured to receive and compress digital data from the charge-to-digital processor. The second portion includes a computer configured to receive data from the DAS. The DAS and computer are communicatively coupled via a slip ring having a finite transmission bandwidth. The computer is configured to reconstruct and display an image using compressed data. The method includes using the DAS to compress scan data to a predetermined number of mantissa bits and a predetermined number of exponent bits, transmitting the compressed data from the first portion to the second portion across the slip ring, and using the transmitted compressed data to reconstruct and display an image of an object.