Logo Design for New SaaS Product

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This customer received 331 logo designs from 113 designers. They chose this logo design from Eye Catching Design as the winning design.
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Fyido.com is a tool designed for marketing agencies to monitor activity of their clients and competition of their clients online marketing activity including, Facebook posts, website changes, content updates brand mentions and much much more.
fyido.com
A play on the word "Fido" https://en.wikipedia.org/wiki/Fido_(dog)
A play on the word FYI https://en.wikipedia.org/wiki/FYI
So I want to tie these plays on words together to form the logo. The product that will be on offer at fyido.com is a business competition tracking tool. So you can track what your competition is doing on their website, Facebook page, newsletter, blog posts etc... so it's like spying on your competition.
So I am thinking one idea is like part dog as in the Fido mentioned above... like a hound that tracks down competition.
OR the other is like a Magnifying Glass, I also like the idea of somehow making the FYI part strong but I still want it to be clear that they are pronouncing Fyido.com
SEMRUSH has a good logo http://mjcachon.es/wp-content/uploads/2014/09/logo-semrush-1024x111.png
Happy designing :-)
Target Market(s)
Marketing Agencies
Industry/Entity Type
Saas
Logo Text
Fyido
Logo styles of interest
Abstract Logo
Conceptual / symbolic (optional text)



Character Logo
Logo with illustration or character


Wordmark Logo
Word or name based logo (text only)


Look and feel
Each slider illustrates characteristics of the customer's brand and the style your logo design should communicate.