Wave Systems

  www.wave.com
  www.wave.com

Wave Systems Reviews

Updated October 6, 2014
Updated October 6, 2014
12 Reviews
2.8
12 Reviews
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Wave Systems President, CEO, and Director Steven K. Sprague
Steven K. Sprague
5 Ratings

Employee Reviews

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  1.  

    good people but lack of management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Software Engineer in Cupertino, CA
    Former Employee - Software Engineer in Cupertino, CA

    I worked at Wave Systems full-time (more than an year)

    Pros

    I worked for the company for about 2 years. The company was in the process of expanding. Buying other companies and expanding sales into other countries

    Cons

    management lacks quality cohesiveness. company is reactive instead of proactive. Overextend Sales and did not generate new sales which lead to company wide instability and downsizing.

    No opportunities for professional growth.

    Advice to ManagementAdvice

    Need to return to a stable product and grow slowly

    Doesn't Recommend
    Disapproves of CEO
  2.  

    In need of a complete executive house cleaning which occurred

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

    I have been working at Wave Systems

    Pros

    Jury is out on whether or not the new management and remaining employees can succeed . They viability of the products in a mobile and cloud centric world is unknown.

    Cons

    Former CEO was an egomaniac that completely ignored markets , customer wishes , and products that meet both. Engineering team that built what they want , when they want , following the CEO lead.

    Advice to ManagementAdvice

    Make products so easy to use that your Mom or Grandma could install and use them

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    Feels like a sinking ship.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Software Engineer in Cupertino, CA
    Former Employee - Software Engineer in Cupertino, CA

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

    Pros

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

    Cons

    Non-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.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5. 1 person found this helpful  

    Review of Wave Systems Corp.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Engineer in Cupertino, CA
    Current Employee - Software Engineer in Cupertino, CA

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

    Pros

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

    Cons

    Communication 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 ManagementAdvice

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

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  6.  

    QA Engineer in trusted computing

    • Senior Management
    • Career Opportunities
    Former Employee - QA Engineer in Cupertino, CA
    Former Employee - QA Engineer in Cupertino, CA

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

    Pros

    high professional and intelligent team

    Cons

    Was asked to work overtime and during weekend

    Advice to ManagementAdvice

    No advice

    Approves of CEO
  7. 2 people found this helpful  

    Good company which is now struggling

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Engineer in Cupertino, CA
    Current Employee - Software Engineer in Cupertino, CA

    I have been working at Wave Systems full-time (more than 3 years)

    Pros

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

    Cons

    Company 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 ManagementAdvice

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

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  8. 1 person found this helpful  

    Has Interesting Ideas but not stable

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Software Engineer in Cupertino, CA
    Current Employee - Senior Software Engineer in Cupertino, CA

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

    Pros

    Projects 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

    Cons

    The 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 ManagementAdvice

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

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9. 1 person found this helpful  

    Great potential but with no focus

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Software Engineer in Cupertino, CA
    Former Employee - Software Engineer in Cupertino, CA

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

    Pros

    flexible, interesting, challenging, great atmosphere

    Cons

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

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  10.  

    Sr. Software engineer

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Wave Systems

    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 ManagementAdvice

    It would be the best if Wave could get acquired by some big company like Microsoft.

  11.  

    Enjoyable, technically motivating

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Wave Systems

    Pros

    Opportunity 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

    Cons

    Focused 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 ManagementAdvice

    Product management needs to be improved

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