How do you decide what kind of logo is good for your company ?

Dear Rodinhooders,

Its been a pleasure being a part of this enthusiatic community. I have learnt a lot from the posts everyone writes here.

I run an IT services company, where we develop web applications,e-commerce store mobile applications, websites etc for our clients.

We have been using this logo for a year now.but, as our business is growing, a lot of people have been giving poor feedback about the logo.
Typical feedbacks we have been getting are :

– its not eye catchy

– hindi letters , make it non-global

– use of two colors in text is not ideal

Would love to hear from you people , what you think of this logo ?

Also, I would like to know ,what are some of the things that one should keep in mind before deciding on a logo ?

Thanks a lot !

Eagerly waiting to hear from you all.