Wave Systems
2.9 of 5 10 reviews
www.wave.com Lee, MA 150 to 499 Employees

Wave Systems Reviews

Updated Apr 28, 2014

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2.9 10 reviews

                             

33% Approve of the CEO

Wave Systems President, CEO, and Director Steven K. Sprague

Steven K. Sprague

(3 ratings)

10 Employee Reviews
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    1 person found this helpful  

    Review of Wave Systems Corp.

    Software Engineer (Current Employee)
    Cupertino, CA

    ProsFlexible work hours, inclined to adopt new Microsoft technologies, many good working engineers to develop into lasting working relationships.

    ConsCommunication problems exists within group in same geographical location, let a lone different locations. Managers do not share the same goals, are not working for the good of the company.

    Advice to Senior ManagementUpper management should talk to engineers more often. Get briefed from engineers as well, not just direct reporting managers.

    No, I would not recommend this company to a friend

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    Feels like a sinking ship.

    Software Engineer (Former Employee)
    Cupertino, CA

    ProsGood benefits plan.
    Lots of people come to work late and leave early.
    Some really solid, seasoned software engineers.

    ConsNon-competitive compensation with regards to perks, stock options, salary, get-togethers 401k matching... pretty much everything.
    Lots of people come to work late and leave early.
    Too many layoffs and reorganizations; morale is extremely low. The company is bleeding employees on a regular basis.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    QA Engineer in trusted computing

    QA Engineer (Former Employee)
    Cupertino, CA

    Proshigh professional and intelligent team

    ConsWas asked to work overtime and during weekend

    Advice to Senior ManagementNo advice

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    Good company which is now struggling

    Software Engineer (Current Employee)
    Cupertino, CA

    ProsGood people working on interesting technology. Before the lay-offs started in Nov 2012, the work environment was excellent.

    ConsCompany seems to have a serious cash problem and keeps laying people off. Constant restructuring in a desperate attempt to save the ship.
    Core product, Embassy Remote Administration Server (ERAS), competes with Microsoft BitLocker Administration and Monitoring (MBAM). Not sure how to convince customers to buy ERAS if they have MBAM on Windows Server. Not sure if many people care if their drive encryption is hardware or software based.

    Advice to Senior ManagementHas buying SafeEnd or pursuing projects like Scrambls generated any income or has Wave been spending too much money without any return?

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    1 person found this helpful  

    Has Interesting Ideas but not stable

    Senior Software Engineer (Current Employee)
    Cupertino, CA

    ProsProjects in the company are interesting. They have some great concepts and would be massively successful if the company can deliver the product and have great marketing.
    Environment is friendly and people tries to help each other out.
    There are some good people in the company

    ConsThe company is not stable.
    They don't have the right people at the right position so it is hard to deliver a high quality product.
    At times the management is not very receptive to idea.

    Advice to Senior ManagementNeed to be more focus on the finance and make sure the company can survive while creating all those interesting products.

    No, I would not recommend this company to a friend

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    1 person found this helpful  

    Great potential but with no focus

    Software Engineer (Former Employee)
    Cupertino, CA

    Prosflexible, interesting, challenging, great atmosphere

    Conscompany is out of focused and is running out of cash.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    Sr. Software engineer

    Anonymous Employee (Current Employee)

    Pros- Great medical insurance
    - Nice work environment.
    - Excellent products.
    - Good relationship between co-workers.
    - Free breakfast on Friday.

    Cons- It is a small company and not very stable (Stock price varies a lot).
    - Employees usually do not get any package when they are laid off.

    Advice to Senior ManagementIt would be the best if Wave could get acquired by some big company like Microsoft.

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    Enjoyable, technically motivating

    Anonymous Employee (Current Employee)

    ProsOpportunity to work on the latest security technologies and work with some bright people
    Good working environment where people are very friendly and work as a team to deliver results

    ConsFocused on a narrow security market, hence more competition can affect market share
    No contributions to 401(K) from the company
    No tuition assistance

    Advice to Senior ManagementProduct management needs to be improved

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    1 person found this helpful  

    Interesting Technology but no growth

    Anonymous Employee (Former Employee)
    Lee, MA

    ProsInteresting and varied technology. Great co-workers

    ConsNo personal growth potential. Almost ,in reality no training opportunities. Constant budget constraints on almost everthing unless you are in Sales....

    Advice to Senior Managementget a clue with your tech workers. They need growth potential and a little freedom would foster innovation. Take a page from Google. Stop wasting money on unnecessary travel and expenses and plough that back into tech worker investment.

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    Good Technology, Poor Execution

    Anonymous Employee (Former Employee)

    ProsDecent product, good engineers, some strong channel relationships.

    ConsLeaders are technologists, not business movers. Poor sales management in the US, much better in EU. No incentives for exceeding performance.

    Advice to Senior ManagementNeed better product innovation. Treat your emplyees fairly. Changing of the guard in sales is a must.

    No, I would not recommend this company to a friend

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