Pavitra,
I'm not very familiar with "envelope spectral analysis"; however there are a couple of links that I can recommend:
Industrial applications: This is a good colection of customer solutions and general information on machine monitoring, vibration, process control, etc.
NI LabVIEW Sound and Vibration Toolset: This is the best tool available for octave analysis, vibration analysis, noise and vibration level and zoom FFT.
LabVIEW Order Analysis Toolkit: This toolkit abstracts the complex math of order traking applications and gives you a nice interface to extract dynam
ically order information from a tachometer signal and vibration or proximity sensors. This is the best tool for machine monitoring.
I hope this helps you get started, please give us some more details on the envelop analysis to help you further.
Regards,
Juan Carlos
N.I.