A system for monitoring a wellbore and actuating a downhole device, the system comprising: an elongate body having a central bore extending therethrough, wherein the elongated body is adapted for insertion into the wellbore; a processor within the central bore of the elongate body; a first sensor within the central bore of the elongate body and in communication with the processor, wherein the first sensor detects a pressure associated with the elongate body; a second sensor within the central bore of the elongate body and in communication with the processor, wherein the second sensor detects a temperature associated with the elongate body; a third sensor within the central bore of the elongate body and in communication with the processor, wherein the third sensor detects an acceleration associated with the elongate body; and data storage within the central bore of the elongate body and in communication with the processor, wherein the data storage comprises computer instructions for instructing the processor to: receive and store a first preselected parameter comprising a pressure range; receive and store a second preselected parameter comprising a temperature range; receive and store a third preselected parameter comprising an acceleration range; receive and store the pressure, the temperature, and the acceleration from the first sensor, the second sensor, and the third sensor, respectively; compare the pressure, the temperature, and the acceleration with the pressure range, the temperature range, and the acceleration range, respectively, to form a determination; and initiate an actuation process responsive to the determination; an inner housing having a central bore extending therethrough, wherein the inner housing is positioned about the elongate body; a first connector engaging first ends of the elongate body and the inner housing; and a second connector engaging second ends of the elongate body and the inner housing, wherein the first and second connectors maintain the positioning of the inner housing about the elongate body. an elongate body having a central bore extending therethrough, wherein the elongated body is adapted for insertion into the wellbore; a processor within the central bore of the elongate body; a first sensor within the central bore of the elongate body and in communication with the processor, wherein the first sensor detects a pressure associated with the elongate body; a second sensor within the central bore of the elongate body and in communication with the processor, wherein the second sensor detects a temperature associated with the elongate body; a third sensor within the central bore of the elongate body and in communication with the processor, wherein the third sensor detects an acceleration associated with the elongate body; and data storage within the central bore of the elongate body and in communication with the processor, wherein the data storage comprises computer instructions for instructing the processor to: receive and store a first preselected parameter comprising a pressure range; receive and store a second preselected parameter comprising a temperature range; receive and store a third preselected parameter comprising an acceleration range; receive and store the pressure, the temperature, and the acceleration from the first sensor, the second sensor, and the third sensor, respectively; compare the pressure, the temperature, and the acceleration with the pressure range, the temperature range, and the acceleration range, respectively, to form a determination; and initiate an actuation process responsive to the determination; receive and store a first preselected parameter comprising a pressure range; receive and store a second preselected parameter comprising a temperature range; receive and store a third preselected parameter comprising an acceleration range; receive and store the pressure, the temperature, and the acceleration from the first sensor, the second sensor, and the third sensor, respectively; compare the pressure, the temperature, and the acceleration with the pressure range, the temperature range, and the acceleration range, respectively, to form a determination; and initiate an actuation process responsive to the determination; an inner housing having a central bore extending therethrough, wherein the inner housing is positioned about the elongate body; a first connector engaging first ends of the elongate body and the inner housing; and a second connector engaging second ends of the elongate body and the inner housing, wherein the first and second connectors maintain the positioning of the inner housing about the elongate body.