Gradient’s parameters: 
The parameters of the
blue element:
Blending Options-Outer Glow
Blending Options-Bevel and Emboss
Blending Options-Gradient Overlay
Gradient’s parameters: 
We have to draw a flare also on the logotype’s surface. Pick up firstly the
Ellipse Tool (U) to make a circle and then select the
Convert Point Tool to mark out the lowest top. Click on the top with the right mouse’s button and select the
Free Transform Path to lift up the top exactly the way it is shown below:
