Logo design for technology startup. Company name is "Bitopia Technology"

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This customer received 155 logo designs from 50 designers. They chose this logo design from carabuenaeffect as the winning design.
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Logo Design Brief
To design a logo for a new technology startup. See attached design brief.
Company name is “Bitopia Technology” and it provide web technological services and solution. The word “Technology” doesn’t necessary have to be in logo e.g. optional.
The brand name is mainly a play on the two words ‘BIT’ and ‘UTOPIA’.
A bit (short for binary digit) is the smallest unit of data in a computer. A bit has a single binary value, either 0 or 1. Although computers usually provide instructions that can test and manipulate bits, they generally are designed to store data and execute instructions in bit multiples called bytes.
A utopia (/juːˈtoʊpiə/ yoo-TOH-pee-ə) is an imagined community or society that possesses highly desirable or nearly perfect qualities. Technological utopianism (often called techno-utopianism or technoutopianism) is any ideology based on the premise that advances in science and technology will eventually bring about a utopia, or at least help to fulfil one or another utopian ideal. A techno-utopia is therefore a hypothetical ideal society, in which laws, government, and social conditions are solely operating for the benefit and well-being of all its citizens, set in the near- or far-future.
In that sense, we believe in using building blocks of technological BITS in creating solutions and services that result in a better (highly desirable) place for people and the world.
The logo should probably have clean modern lines without too many wavy unstructured shapes or lines. It doesn’t have to incorporate the word ‘Technology’ e.g. optional. There should be clear distinction between the word BIT and OPIA, either by different colour scheme or any design methods deemed suitable.
Blue is generally a preferred colour although we are open to the introduction of other colours if necessary.
Samples of logo attached
Updates
To clarify, the technology company name is "BITOPIA" and not "BIT UTOPIA" or "BIT and UTOPIA".Thanks Added Thursday, December 15, 2016
Thanks again for all your submission. Its the holiday season so a bit tough getting my folks around. But we will try to reach a decision early Jan 2017.
Happy holidays!
Added Monday, December 26, 2016
Project Deadline Extended
Reason: shortlisted to final few designs but need slightly more time to make slight amendments for final decision.
Thanks
Added Friday, January 6, 2017
Target Market(s)
We are providing IT services and solutions (web portals and applications) thus target market could be broad based. Could small medium enterprises (SME), retails or even enterprise.
Industry/Entity Type
Information Technology
Logo Text
Text is optional
Logo styles of interest
Emblem Logo
Logo enclosed in a shape



Abstract Logo
Conceptual / symbolic (optional text)



Wordmark Logo
Word or name based logo (text only)


Font styles to use
Colors
Colors selected by the customer to be used in the logo design:
Look and feel
Each slider illustrates characteristics of the customer's brand and the style your logo design should communicate.
Elegant
Bold
Playful
Serious
Traditional
Modern
Personable
Professional
Feminine
Masculine
Colorful
Conservative
Economical
Upmarket
Requirements
Nice to have
- Generally prefer blue, gray but open to suggestion.