The paper puts forward a method of designing and creating a complete computer system for monitoring and diagnosis of business and industrial facilities, as well as for control purposes. The proposed solution represents a computer-network system being a practical tool for communication, control and management of modern plants and enterprises. The applied concept of communication, based on the Service Oriented Architecture (SOA), makes a new attempt to solve certain performance problems met when using a (previously developed) Networked Object Monitor (NOM). The principal idea of increasing the performance of NOM lies in employing a common data bus, refereed to as a Diagnostic Service Bus (DSB), in the NOM monitor. The paper also describes a preliminary concept of a network description language (SMOL), which is designed to describe the functions, mechanisms, and network devices and to be a basis for simulation and verification of the NOMmonitor function.