Ventyx

  www.ventyx.com
  www.ventyx.com

Ventyx Reviews

Updated December 18, 2014
Updated December 18, 2014
131 Reviews
2.1
131 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
(no image)
Jens Birgersson
13 Ratings

Review Highlights

Pros
  • Allowed us toflei work from home a day a week or whenever we were not feeling great (in 6 reviews)

  • Unfortunately all pros are long gone and very few good people are left (in 10 reviews)


Cons
  • No training (except the overly burdensome ABB integrity courses) (in 5 reviews)

  • Lack of mentorship, training, communication from senior management (in 5 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 3 people found this helpful  

    The winds of change

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Sales
    Current Employee - Sales

    I have been working at Ventyx full-time (more than 5 years)

    Pros

    Good co-workers, many good products

    Cons

    Too many executives that come and go

    Advice to ManagementAdvice

    Decide what Ventyx wants to be when they grow up and stick with it

    Doesn't Recommend
    Neutral Outlook
  2. 3 people found this helpful  

    Weak leadership, high attrition at senior management levels, and poor integration with parent company. Uncertain future!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Ventyx full-time (more than 5 years)

    Pros

    - Breadth of exposure to different products and customers.
    - Growth industry and high barriers to entry for small players. Few competitors in the market.
    - Industry is expected to grow at 10-12% per year ($7 US billion industry in 2014) and Ventyx has less than 8% market share.
    - Diverse pool of talent at the technical level (software, power systems, electrical).
    - Potential product offering and cost synergies with ABB.

    Cons

    - Over the last year, stock price of parent company depreciated by over 25%.
    - Multiple rounds of layoffs and low employee morale.
    - Weak leadership team, no integration office, lack of vision and strategy.
    - Not a "winning" nor performance culture, bureaucratic processes implemented by parent company undermining entrepreneurial mindset.
    - No CEO to lead the company as if the Board (ABB) is preoccupied with other non-Ventyx priorities.
    - Changing competitive landscape in the T&D business as GE Energy Management builds up on Alstom's existing European and Asian installed-based.

    Advice to ManagementAdvice

    Polarized politics, power struggles between Ventyx and parent company and high attrition of key executive positions (CEO, CFO, EVP) lead to a dysfunctional and unhealthy organization. While there is still time to turnaround the company, I suggest the appointment of an experienced leadership team capable of championing an organizational change.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3. 3 people found this helpful  

    Declining due to limited investment across the solution portfolio and misguided vision

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Ventyx full-time (more than 3 years)

    Pros

    People in the trenches and product expertise. Solutions are aging, but still among best in market.

    Cons

    Leadership is only concerned with the next customer, not current customers, and has limited understanding of customer requirements across the portfolio. Vision and strategy changes before projects are completed.

    Advice to ManagementAdvice

    Understand how software is built and associated risks before making commitments to customers. Support existing solutions and provide value for maintenance, rather than subsidizing pet-projects with legacy maintenance revenue.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. 2 people found this helpful  

    Misunderstood Direction

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Ventyx full-time (more than an year)

    Pros

    The professionals are top notch. There is much good to be found amongst the ranks

    Cons

    Fluid direction. A great deal of turnover. (2 CEOs in 60 days)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6. 3 people found this helpful  

    Great Place to work as long as you like challenges and willing work to hard and can handle constant change.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Ventyx full-time (more than an year)

    Pros

    Great challenges if you are willing to work hard and learn. Keeps you going on a daily basis with new and exciting things to learn. Great upside once they get the momentum moving in a positive direction. Great EVP leadership and seem to have backing from ABB.

    Cons

    Recent layoffs have many employees waiting on the next one instead of finding ways to move the company forward. Too many rumors of early next year being another layoff

    Advice to ManagementAdvice

    Set direction for the future, and be honest with the employees. With ABB being a 52B company in a down year the hope of the employees is that we would get the backing by them long enough to right the ship.

    Recommends
    Neutral Outlook
    No opinion of CEO
  7. 4 people found this helpful  

    Look elsewhere

    • Comp & Benefits
    • Work/Life Balance
    • Career Opportunities
    Former Employee - Anonymous Employee in Houston, TX
    Former Employee - Anonymous Employee in Houston, TX

    I worked at Ventyx full-time (less than an year)

    Pros

    If you have no skill and are good at politics this Isi the place for you!

    Cons

    Leadership has managed to buy some good companies over the years and slaughter them all.

    Advice to ManagementAdvice

    Go take some leadership classes!

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8. 3 people found this helpful  

    Very Hostile Unpredictable Inconsistent Stressful Environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Atlanta, GA
    Current Employee - Anonymous Employee in Atlanta, GA

    I have been working at Ventyx full-time (more than an year)

    Pros

    The PTO is good here and depending on who you work for, you may have the opportunity to work from home. There is discounted vending and they do serve free breakfast on Fridays. There are some really great people there.

    Cons

    This company is the absolute worst! The environment is very hostile and you literally go to work not knowing if you will have a job the next day which means moral is at an all time low. The leadership there is not supportive. There are so many senior level leaders that don't know what they are doing. I am so surprised there are so many managers and VPs that really don't have a clue! There are no processes or policies in place so ultimately everyone is set up to fail. There are great people here that deserve better. No one coming in gets training and you are lucky if you have a laptop on your first day. Its a sink or swim culture. Every group is for themselves no one works together for the betterment of the organization. The company is continuously laying off and they are getting rid of all of the good people. The HR organization is by far one of the worst I have ever seen; there is friction within their own department which shows and carries over to the other employees. People are allowed to mis-behave and act unprofessionally; they don't believe in integrity or ethics. When you have questions you will always be directed somewhere else, they have NO policies and everyone is too "busy" to help. What are they there for? If you are looking to join an organization that cares about their employees as people this is NOT the company for you. If you are contacted by a recruiter for employment here, I suggest you run the other way. Nothing good will become of Ventyx.

    Advice to ManagementAdvice

    I honestly don't have any because it's obvious they don't care.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  9. 2 people found this helpful  

    Look to your left and right...two people won't be here in the next 6 months (and not by choice).

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Atlanta, GA
    Current Employee - Anonymous Employee in Atlanta, GA

    I have been working at Ventyx full-time (more than an year)

    Pros

    Friday breakfast. Compensation is descent. Team members are nice and welcoming. Strong parent company, though they hold Ventyx at arms length.

    Cons

    Constant layoffs (more than 5 rounds just in 2014) while leadership (or lack there of) remains untouched though they are the reason for the failing business. First line employees have to take on more responsibilities with no pay increase as the business tries to "figure out what they want to do next", which is probably more layoffs. High attrition as the smart employees jump ship once they realize they made a huge mistake by joining the org. The executive leadership is disconnected from the rest of the organization and constantly gives unclear messages despite the many all-hand meetings. HR is basically nonexistent so you have to figure it out yourself given they've laid so many good people off. There's no training or development of its employees.

    All that said, if you have an ok job...stay put. If you are just desperate for a job, feel free to join but keep looking.

    Advice to ManagementAdvice

    Fix your products and business and stop trying to roll out new ones when the ones you have lack quality. Treat people with respect and provide them with the up-to-date solutions to do their job. Listen to your workforce...it's the reason why you're there in the first place.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10. 6 people found this helpful  

    If you survive here for 2 years you can become a great politician anywhere. Worst line and program managers

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Advisory Software Architect in Atlanta, GA
    Current Employee - Advisory Software Architect in Atlanta, GA

    I have been working at Ventyx full-time (more than 8 years)

    Pros

    Workers who are able to motivate self and others. Clients who still are stuck with the hope of getting better attention. Jens is a great plus as CEO. Sad to see him leave.

    Cons

    look at this company's poor NPS score. And then read my review. These days office politics sadly cannot be avoided. But in this company middle and line managers are political animals. They go to any extent to crush anybody who questions or challenges them. Senior Management thinks they figured it all out only for their buddies at lower and middle management to show otherwise. Talk to anybody in any group. They will show how dirty and extensive their politics is. Dev Managers and line managers routinely watch youtube videos, don't show up for work under some reason or the other. They become managers by kissing up to some of the senior managers who now occupy top leadership positions from the legacy companies. So any worker who offers better ideas and suggestions are threats to their authority by these managers. They crush ideas by dividing and making teammates fight each other. In the program management it is still worse. These folks have corner offices and play music watch videos and the only role they do is to reward their buddies with some manager post in some group. This is the main reason why this company's management plainly sucks. It is not one or two groups. It is almost all the groups as it is widespread because these are managers who were put in place by these program and other senior managers.

    Advice to ManagementAdvice

    Fire many of the program and line managers who do nothing but get fat paychecks. Fire whoever is in charge of implementing agile methodolgy. Every group is messing around with Agile metrics to look good on paper. Even quarterly agile reviews are eyewash. Your only best sources of truth are the workers who work very hard without a title and an office. Talk to them. Don't keep making empty statements saying you have figured it all out. Straight talkers are being silenced. Go figure this part. Even Jens leaving the company speaks of how much straighttalkers are not welcome in this company. There are lots of good people who can be made managers for this company to have any hope. Sadly only certain class of people are set as line managers and these are buddies and pals and mates of program and senior management.Look at some of the qa or dev leads who were appointed as managers within the past 1 year. Some of these run their teams as though their are running for a political office. Sick. Many people are no wonder attending interviews outside. Me too. good for them and bad for the company.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  11. 5 people found this helpful  

    Waste of my time.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate Software Developer in Atlanta, GA
    Current Employee - Associate Software Developer in Atlanta, GA

    I have been working at Ventyx full-time (more than 5 years)

    Pros

    The few good employees and clients who have stuck with this company for some unknown reason.

    Cons

    This is a company without any direction. Employees are taken for granted, with no opportunities to grow and no recognition for their hard-work and even proven results. Management is filled with incompetent yes men who promote more conformists like themselves and any people brave enough to stand up for themselves are laid off or fired when the time comes despite their effectiveness. Over the years, this behavior has depleted this company of most good people. No wonder this company is in the situation that it is. Bad results over the past few years have put the entire management team in CYA mode. Meaningless metrics are thrown around, and everyone across the chain of command is only committed to gaming the system and saving their own jobs till the end of the year. Millions of dollars are wasted on aimless projects either trying to solve problems that have already been solved or ones that are destined to fail. All for another bullet point on the manager's resume, and no one is accountable for these projects when they fail and end up costing the company millions of dollars. The only people who end up suffering are the field level workers who end up being laid off to the extent that there is one product/project/development manager per 2-3 employees now. Overall this has been a tremendous waste of the past few years of my life and career. Don't even think about coming here.

    Advice to ManagementAdvice

    Trim the management, about two thirds of your managers are bringing nothing to the table and are actually slowing the progress down. People on the ground know what the problems are, are more than capable of addressing them, and are still driven to solve them, just let them do their jobs and stop the incessant politics, favoritism and in-fighting.

    Doesn't Recommend
    Negative Outlook

Work at Ventyx? Share Your Experiences

Ventyx

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.