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Logic Fruit
Technologies
Business Presentation - 2012
History of Logic Fruit
•   Started by Three Ex-Agilent R&D
•   Started with Time and Material (Engineers work Onsite with Client)
•   Fixed price projects (BitIfEye, Agilent follows)
•   Risk/Reward Sharing (Agilent)
•   Team size reaches 15 by end of 2010
•   Move to bigger office to accommodate team size increases to 23
•   Team size reaches 30 by end of 2011
•   Ratio of IIT/NIT/DCE R&D Staff is 70%
•   Time and Material project execution with Freescale

•   Company Vision is to become a Strategic partner to High-Tech
    Companies in SW/FPGA based solution
•   Company provides services in the field of
     – Software Embedded/Middle Layer/GUI
     – FPGA
     – QA & LP
Mission & Vision Statement
    Lo-Fru’s purpose is to provide high quality technical partnership and help
    our customers achieve their business results. Our strategy is to strengthen
    our position as preferred partner for Agilent technologies, while leveraging
    our technology and expertise to provide Software, FPGA and Testing
    services to attractive new markets in the Field of Telecommunications.

    Current customer base 1-1-2 (1 - Tier 1, 1 - Tier 2, 2 - Tier 3)
•   Vision by 2012-2013
     –   Team Size of 40 with a Bench Strength of 20%
     –   Increase customer base to 2-5-5 (2 - Tier 1, 5 - Tier 2, 5 - Tier 3)
     –   Telecommunications to be the Focus
     –   Business Models
           • Service Model to be main focus (80%)
           • Risk/Reward (20%)
•   Vision by 2015
     – Team Size of 70 - 80
     – Increase customer base to 4-8-10 (4 - Tier 1, 8 - Tier 2, 10 - Tier 3)
Company Employees
•   Office Admin      –1
•   Finance/Payroll          –1
•   HR Manager        –1
•   R&D               – 22
    –   SW     -7
    –   FPGA   -9
    –   QA     -4
    –   LP     -2
• Technical Marketing        –4
• Interns            –2
Our Strength
• Passion
   – We believe in putting our strengths to work, we are a team
     of passionate Engineers
• Development Experience
   – Around 150 years of experience with average experience
     coming around 5-6 years
• Debugging / Trouble Shooting
   – We love to debug and find great pleasure in doing so
• Hiring – Ability to Attract Right Talent
   – We are a small team and make sure everyone joining us is
     aware of what work they will be doing, this makes a huge
     difference in attracting passionate engineers
• Cost – We offer the best cost in the market with similar
  skill sets
Our Operating Models
• Consultants
  – Our Engineers work for you onsite and
    offshore and in a mix of onsite/offshore
    model, we charge them by the Time and
    Materials.
• Fixed Price Project
  – Well defined plan/deliverables, we can get it
    executed from our team
Our Success Stories
• Current Satisfied Customers
  – Agilent Technologies (US and Germany) MIPI,
    HDMI, PCI Gen1,2,3, OBSAI (All Protocol L1
    Layer)
  – BitIfEye (Germany) MIPI Protocol Layer -
    DIgRFV4
  – Lion Semiconductors (Canada) Ethernet
    Protocol Layer
• Partnerships
  – DbyDx Technologies (Mobile Application
    Developments)
Challenges in Today’s Project
Execution
                             R&D
                            Division
                            on XYZ
                           Company

  Fixed   Variab     Project                         Managem
                                  Time    Featur
  Cost       le     Resourc                              ent
                                  Line      es
           Cost        es                            Decisions
                Planning      Planning     Clarity/Waiting
     Project       for         for the         for the
     Deliver      Ramp          Next       Management
        y        UP/Dow      Project/Ph      for the go
                    n            ase           ahead
• The Cycle/Time to market is getting shorter and faster
• Market Dynamics change in as less as 12-18 months
• Management teams reacts immediately, and the mantra
  for the managers is how fast can you align your goals
  with that of the management
How different are we from
others
• We are no different than any other Consulting
  companies
• We only see that there is a gap in the market dynamic
  today and this is not addressed properly yet
• What's the Gap –
   – Tailor fitted solution
   – Long Term Prospects and solution
   – More Control on the consultants
• What is needed for our model to succeed
   – Engineer(s), who is/are aware of the technology and work
     culture of the Company
   – Understands the requirement and expectations of the
     Manager, and Manager has a comfort level with the
     Engineer
   – Who is onsite
How does the model Work
• The Onsite Engineer(s) continues to execute the
  tasks as an Individual contributor and reports to
  the company manager
• The Engineer then offloads his/her work to Logic
  Fruit Engineer (Lead)
• The Lead then makes sure that the offload work is
  done and delivered
• Once this confidence level is built, then any of the
  following can be done
   – The Manager then assigns the weekly/monthly work
     directly to the Lead
   – An Fixed price project is assigned to the Lead/Onsite
     Engineer
Why Change
• Are you happy with the current quality
• Are you happy with the current cost
• Are you happy with the flexibility (do you
  have any other options)
• Do you believe this model is sustainable for
  4-5 years down line

If any of the above have the answer as Maybe
or NO then you can consider Logic Fruit
Contact Information

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Logic Fruit Intoduction

  • 2. History of Logic Fruit • Started by Three Ex-Agilent R&D • Started with Time and Material (Engineers work Onsite with Client) • Fixed price projects (BitIfEye, Agilent follows) • Risk/Reward Sharing (Agilent) • Team size reaches 15 by end of 2010 • Move to bigger office to accommodate team size increases to 23 • Team size reaches 30 by end of 2011 • Ratio of IIT/NIT/DCE R&D Staff is 70% • Time and Material project execution with Freescale • Company Vision is to become a Strategic partner to High-Tech Companies in SW/FPGA based solution • Company provides services in the field of – Software Embedded/Middle Layer/GUI – FPGA – QA & LP
  • 3. Mission & Vision Statement Lo-Fru’s purpose is to provide high quality technical partnership and help our customers achieve their business results. Our strategy is to strengthen our position as preferred partner for Agilent technologies, while leveraging our technology and expertise to provide Software, FPGA and Testing services to attractive new markets in the Field of Telecommunications. Current customer base 1-1-2 (1 - Tier 1, 1 - Tier 2, 2 - Tier 3) • Vision by 2012-2013 – Team Size of 40 with a Bench Strength of 20% – Increase customer base to 2-5-5 (2 - Tier 1, 5 - Tier 2, 5 - Tier 3) – Telecommunications to be the Focus – Business Models • Service Model to be main focus (80%) • Risk/Reward (20%) • Vision by 2015 – Team Size of 70 - 80 – Increase customer base to 4-8-10 (4 - Tier 1, 8 - Tier 2, 10 - Tier 3)
  • 4. Company Employees • Office Admin –1 • Finance/Payroll –1 • HR Manager –1 • R&D – 22 – SW -7 – FPGA -9 – QA -4 – LP -2 • Technical Marketing –4 • Interns –2
  • 5. Our Strength • Passion – We believe in putting our strengths to work, we are a team of passionate Engineers • Development Experience – Around 150 years of experience with average experience coming around 5-6 years • Debugging / Trouble Shooting – We love to debug and find great pleasure in doing so • Hiring – Ability to Attract Right Talent – We are a small team and make sure everyone joining us is aware of what work they will be doing, this makes a huge difference in attracting passionate engineers • Cost – We offer the best cost in the market with similar skill sets
  • 6. Our Operating Models • Consultants – Our Engineers work for you onsite and offshore and in a mix of onsite/offshore model, we charge them by the Time and Materials. • Fixed Price Project – Well defined plan/deliverables, we can get it executed from our team
  • 7. Our Success Stories • Current Satisfied Customers – Agilent Technologies (US and Germany) MIPI, HDMI, PCI Gen1,2,3, OBSAI (All Protocol L1 Layer) – BitIfEye (Germany) MIPI Protocol Layer - DIgRFV4 – Lion Semiconductors (Canada) Ethernet Protocol Layer • Partnerships – DbyDx Technologies (Mobile Application Developments)
  • 8. Challenges in Today’s Project Execution R&D Division on XYZ Company Fixed Variab Project Managem Time Featur Cost le Resourc ent Line es Cost es Decisions Planning Planning Clarity/Waiting Project for for the for the Deliver Ramp Next Management y UP/Dow Project/Ph for the go n ase ahead • The Cycle/Time to market is getting shorter and faster • Market Dynamics change in as less as 12-18 months • Management teams reacts immediately, and the mantra for the managers is how fast can you align your goals with that of the management
  • 9. How different are we from others • We are no different than any other Consulting companies • We only see that there is a gap in the market dynamic today and this is not addressed properly yet • What's the Gap – – Tailor fitted solution – Long Term Prospects and solution – More Control on the consultants • What is needed for our model to succeed – Engineer(s), who is/are aware of the technology and work culture of the Company – Understands the requirement and expectations of the Manager, and Manager has a comfort level with the Engineer – Who is onsite
  • 10. How does the model Work • The Onsite Engineer(s) continues to execute the tasks as an Individual contributor and reports to the company manager • The Engineer then offloads his/her work to Logic Fruit Engineer (Lead) • The Lead then makes sure that the offload work is done and delivered • Once this confidence level is built, then any of the following can be done – The Manager then assigns the weekly/monthly work directly to the Lead – An Fixed price project is assigned to the Lead/Onsite Engineer
  • 11. Why Change • Are you happy with the current quality • Are you happy with the current cost • Are you happy with the flexibility (do you have any other options) • Do you believe this model is sustainable for 4-5 years down line If any of the above have the answer as Maybe or NO then you can consider Logic Fruit