The invention discloses a comprehensive industrial real-time data monitoring system and a method thereof. The system comprises a junction center, an output state latch, an RS485-RS232 converter, an equipment operation protection device, an RS485 relay, an RS485 bus and an alternating current data acquisition unit; and the equipment operation protection device, the output state latch, the junction center, the RS485-RS232 converter, the RS485 relay and the RS485 bus are sequentially connected with one another, the alternating current data acquisition unit, an orifice plate flow measurement device, an analog input module and the RS485 bus are sequentially connected with each other, and an electromagnetic flowmeter is connected with the RS485 bus. The communication of the system is based on a wire communication mode; and the system and the method can be applied to monitor steam, water, cloth batch yield and the like, so that real-time data of all workshops can be accurately mastered; an automation management level is improved, moreover, energy consumption can also be effectively controlled, the energy consumption cost is lowered, energy-saving and emission reduction effects are realized, and the current scientific development trend is reflected.