Red Pitaya is leading a revolution in the electronics industry, pioneering the move from closed, fixed-functionality instruments to multifunction, open-source software-defined instruments that are able to satisfy broad spectrum of customers in different market segments.  In 2013, the idea of Red Pitaya was born out of a simple need for a versatile reconfigurable instrument that could replace other expensive lab instruments. The group of engineers who developed Red Pitaya had a few main ideas they were chasing:  an open-source instrument, a hand-held device, a variety of free applications with the ability to develop more, and an affordable price with non-negotiable performance.  Red Pitaya's wide product portfolio can satisfy the needs of engineers in many different segments such as automotive, telecommunications, aerospace and medical.