constructed, hard, uniform, unbending, solid, no free flowing lines, no modern round soft shapes or good feel colours ... as Jafo said 'Bland'
Big risk linking a logo to a non proven product ... you should only change your logo if you are trying to reconnect to the customers and want to repackage your company ... would be ideal for a company which makes kids colour blocks, and they would use bright happy (not old man safe) colours.
Now I look at it, it doesn't have any active elements creating movement ...