A power tool data communication system comprising: an external wireless transceiver; a housing of a power tool; a memory within the housing, the memory being configured to store data corresponding to at least one operational parameter of the power tool; a wireless data transceiver affixed to the housing of the power tool and communicatively connected to the memory, the wireless data transceiver being configured to transmit the data corresponding to the at least one operational parameter of the power tool to the external wireless transceiver in response to receiving a signal from the external wireless transceiver; a releasable engagement mount that is configured to secure a removable attachment to the power tool; and a controller within the housing of the power tool, the controller being operatively connected to the memory and being configured to: identify the at least one operational parameter of the power tool during operation of the power tool; and store the data corresponding to the at least one operational parameter in the memory to enable the wireless data transceiver to transmit the data, characterized by a sensor associated with the releasable attachment mount, the sensor being configured to generate an attachment signal in response to an attachment engaging the releasable attachment mount mount; wherein the controller is operatively connected to the sensor and further configured to: identify engagement of an attachment to the releasable attachment mount with reference to the attachment signal received from the sensor; identify a length of time corresponding to the operation of the power tool after the engagement of the attachment to the releasable attachment mount; and store data corresponding to the length of time in the memory. an external wireless transceiver; a housing of a power tool; a memory within the housing, the memory being configured to store data corresponding to at least one operational parameter of the power tool; a wireless data transceiver affixed to the housing of the power tool and communicatively connected to the memory, the wireless data transceiver being configured to transmit the data corresponding to the at least one operational parameter of the power tool to the external wireless transceiver in response to receiving a signal from the external wireless transceiver; a releasable engagement mount that is configured to secure a removable attachment to the power tool; and a controller within the housing of the power tool, the controller being operatively connected to the memory and being configured to: identify the at least one operational parameter of the power tool during operation of the power tool; and store the data corresponding to the at least one operational parameter in the memory to enable the wireless data transceiver to transmit the data, identify the at least one operational parameter of the power tool during operation of the power tool; and store the data corresponding to the at least one operational parameter in the memory to enable the wireless data transceiver to transmit the data, identify engagement of an attachment to the releasable attachment mount with reference to the attachment signal received from the sensor; identify a length of time corresponding to the operation of the power tool after the engagement of the attachment to the releasable attachment mount; and store data corresponding to the length of time in the memory.