I would only use slip rings, In an application that did not require data to be transfereed while the machine was moving.
If the machine is moving during data transmission, I woul opt for a frequency hopping spread spectrum radio transmitter and receiver. This type of data transmission transmits data over multiple carriers on different frequencies. The first packet of data is transmitted over carrier one for example, the second data packet is transmitted over carrier 2 and so on. Best regards, PLCSAVVY