The genesis of FYELABS is in what was previously the Computing Infrastructure Research Centre (CIRC) at McMaster University. Suvojit Ghosh, founder and CEO of FYELABS, was its co-founder and managing director. At CIRC his job was to help companies develop innovative solutions to pressing problems. It allowed him to do many “experiments” on how to add rocket fuel to ambitious startups and small businesses. CIRC used to be an entirely self-funded unit within McMaster University; our customers loved us, and paid to use our services. We are now a proud spin-off of the university, and continue to “hang our hats” at the McMaster Innovation Park as FYELABS Incorporated.
Everybody knows that small(er) businesses is where innovation happens. But why do most startups fail? Why are small businesses so fragile? In working with over 100 business founders, Suvojit realized that their biggest struggle is to figure out the “nuts and bolts” of their product. This distracts them from their need of the hour, which is to develop an intimate understanding of their customers’ pain points.
The most key lesson in Suvojit’s findings was in speed to market. In order to be successful in today’s business world, you need to go from idea to a minimum viable product in months or weeks if possible! So FYELABS was built to help you do exactly that, using the pioneering innovation-as-a-service (IaaS) model. We simplify and de-risk the act of developing new products and technologies for ambitious small and medium businesses to level the playing field between small companies and the Goliaths of the world.
Armed with our carefully curated cross-functional engineering team, and the collective wisdom of having developed over 70 products to date, we act as your one stop shop for all of your product development dreams. Our core team is incredibly diverse, with strengths in software, DevOps, algorithms, IoT, hardware, and more…you name it, we can build it!
So far, the IaaS offering has been around for about four years with 70+ clients from 5 different countries (as of September 2020), and counting…
CEO & Founder, Self proclaimed "jack of all trades"
Vice President & Co-Founder, Granted 5 patents
Vice President & Co-Founder, Automation Enthusiast
Uses 4 computer monitors at once
Has owned 16 cats at a single point in time
Embedded Systems Engineer
Enjoys building robots
Former stand up comedian
Front End Developer
Avid hang glider
Software Developer Intern
Loves to travel & plans to visit a new place each year
Designated "Game Night" host
Dance & yoga teacher
Car racer for 25+ years