An apparatus for monitoring a valve having a control element, wherein the control element is actuated by an actuator, comprising: a valve stem having a cavity defined within the valve stem, wherein the valve stem is connected at a first end to the actuator and at a second end to the control element; and an electronics module embedded within the cavity of the valve stem, wherein the electronics module further comprises one or more sensors within the valve stem, the one or more sensors being configured to collect data from the valve; characterised in that the electronics module further comprises a microprocessor; and wherein the electronics module is encased in epoxy within the cavity of the valve stem; and the microprocessor is configured to receive data from the sensors; wherein the microprocessor comprises: a data collection unit configured to receive data regarding the valve from the sensors; a risk assessment analysis unit configured to evaluate a condition of the valve based on the received data; a historical data unit to compile data over time; a comparative analysis unit to compare data, determine or predict via analysis and responsive to the data collection unit, the risk analysis unit, and the historical data unit configured to generate a report detailing actual failure, a likelihood of a failure and/or a probability of future failure or need for service; and an implementation unit configured create and execute an implementation plan for remediation of the valve. a valve stem having a cavity defined within the valve stem, wherein the valve stem is connected at a first end to the actuator and at a second end to the control element; and an electronics module embedded within the cavity of the valve stem, wherein the electronics module further comprises one or more sensors within the valve stem, the one or more sensors being configured to collect data from the valve; characterised in that the electronics module further comprises a microprocessor; and wherein the electronics module is encased in epoxy within the cavity of the valve stem; and the microprocessor is configured to receive data from the sensors; wherein the microprocessor comprises: a data collection unit configured to receive data regarding the valve from the sensors; a risk assessment analysis unit configured to evaluate a condition of the valve based on the received data; a historical data unit to compile data over time; a comparative analysis unit to compare data, determine or predict via analysis and responsive to the data collection unit, the risk analysis unit, and the historical data unit configured to generate a report detailing actual failure, a likelihood of a failure and/or a probability of future failure or need for service; and an implementation unit configured create and execute an implementation plan for remediation of the valve. a data collection unit configured to receive data regarding the valve from the sensors; a risk assessment analysis unit configured to evaluate a condition of the valve based on the received data; a historical data unit to compile data over time; a comparative analysis unit to compare data, determine or predict via analysis and responsive to the data collection unit, the risk analysis unit, and the historical data unit configured to generate a report detailing actual failure, a likelihood of a failure and/or a probability of future failure or need for service; and an implementation unit configured create and execute an implementation plan for remediation of the valve.