Handheld devices, systems, and methods for measuring parameters

A gateway device for a measurement system, the gateway device comprising:

• a first communication system configured to receive a plurality of signals containing data according to a first protocol, wherein the plurality of signals are received from a plurality of handheld measurement devices that measure electrical, mechanical, or physical parameters of a machine, and wherein the data includes a plurality of measurement values from the plurality of handheld measurement devices;
• a data translator configured to translate the plurality of signals containing the data to one or more translated signals containing the data according to a second protocol different from the first protocol;
• a data memory system configured to collect the data;
• and
• a second communication system configured to communicate the data collected in the data memory device to a separate computing device by transmitting the translated signals to the separate computing device,
• wherein the first communication system is configured to communicate with at least one handheld measurement device of the plurality of handheld measurement devices using a single-ended binding procedure in which the gateway device receives a signal that is periodically transmitted by the at least one handheld measurement device and, by activating only the gateway device, the gateway device unilaterally selects the at least one handheld measurement device for binding and automatically binds the at least one handheld measurement device with the gateway device for communication via a communication link between the gateway device and the at least one handheld measurement device.