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ServiceMax

Acquired by PTC

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ServiceMax reviews

3.5

60% would recommend to a friend

(203 total reviews)
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Neil Barua

79% approve of CEO

59% positive business outlook

ServiceMax has an employee rating of 3.5 out of 5 stars, based on 203 company reviews on Glassdoor which indicates that most employees have a good working experience there. The ServiceMax employee rating is in line with the average (within 1 standard deviation) for employers within the Information Technology industry (3.9 stars).

Reviews by job title

203 reviews
2.0
Jul 14, 2017
Recommend
CEO approval
Business Outlook

Pros

Three things matter: 1 - The pay. 2 - The work/life balance. 3 - The opportunity to succeed and grow. The pay is decent, and work/life balance is good. The rest of this review is based entirely on #3.

Cons

The biggest problem is that the total addressable market is nowhere near what it is hyped up to be. Suppose I say the following to you: "We provide the best-in-class solution for field service management. We currently have X number of customers and Y number of total users. However, the total size of the field service industry is Z, which means that Q is the total addressable market we have yet to tap. Q is a huge number, thus the potential is extraordinary." Sounds good, right? Well, not so fast. What this little story doesn't tell you is that what the supposed huge addressable market wants and what Servicemax provides are two totally different things. For example, the vast majority of that addressable market are companies with less than 50 techs, but Servicemax does not serve companies with anything less than 100 techs. Huge slice of that big pie gone right there. As for what's left of the pie, one of the biggest needs those folks are trying to address is route optimization, which just happens to be a huge gap for Servicemax. There are things on the roadmap to improve in this area, but they've been on the roadmap for years. Where Servicemax is really good and does exceedingly well are in situations where: 1 - The company has a minimum of 100 techs. 2 - The techs are going out onsite to do install/repair type work. (Not any sort of cleaning service, or painting, or anything else where route optimization matters but first time fix rate and mean time to repair does not.) Any company that meets these two criteria should seriously consider Servicemax. The ROI is huge. But how big is the total addressable market that meets this criteria? I'm thinking maybe 5% (at most) of the total field service industry that a rosy picture is painted of. As such, 99% of the conversations sales teams have end up going nowhere. Sales reps end up frustrated when they realize that the actual opportunity to find and close deals is a tiny fraction of what they were led to believe.

2.0
Mar 10, 2016

Let me tell you the truth.....

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

This company was a marketing machine! The previous marketing team (many who are no longer with the company) did an amazing job creating a vision and market value for Field Service software. They were able to convince investors that the market is over $15B+ and that everyone needs Field Service software to manage their business and grow revenues. They were so convincing, they have been able to raise over $200M in venture financing for the purpose of evangelizing field service software as a service globally. Sounds pretty sexy.....right? They do offer some decent employee perks: - Free Snacks - Free Healthcare - New office HQ - Employee Lunches on Thurs - New shiny macbooks Pretty standard Silicon Valley stuff, but what would you expect with $200M+ in financing!?!? Sales kick-offs are lavish, usually at a nice location such as Napa. And of course there are some great people in the company. The CEO is genuinely a very nice guy. His personality tends to rub off on others as most of the employees treat you with respect and try to accomplish good things.

Cons

It's amazing how many things get swept under the rug at this company! Let me start with the management. This place is a revolving door for senior leadership. The highly regarded CMO....gone! Sales leadership pushed out the door. Engineering and product management mysteriously departing?!?! Whispers that the founders are stepping away. There is so much confusion at the top that it is almost impossible to build a vision to carry this company forward to the next level. The culture here is the strangest I have ever seen in my career. This place is a ghost town by 4:30pm. Remember, this is a start-up pre-IPO company not a mature 50 year old outdated business. Company events are awkward, lunches are hardly social, and morale is sinking. The culture is pretty laid back which probably explains why most employees generally leave so early. This translates into no accountability, setbacks on goal achievement, push out of action items. The business model is hitting a cross roads. SMB is saturated, mid-market is struggling to define value and the Enterprise companies are dragging their feet or customizing their own solutions. Adoption rates are low, churn is on the rise so more money is being dumped into marketing in a final attempt to acquire new customers. It is easy to assess the health of the company by examining the mood of the sales team. There has been more turnover in this group than any other function in the company. The sales cycles are long and slow, frustration levels are high, and variable compensation achievements are well below target expectations. The message has been that we are not going to rush to an IPO. Let's be clear, there is no rush because an IPO is not even an option at this point. Compensation is below industry standards, however this is a suburban start up (not SF) which explains the below market comp. It is nearly impossible to hit target variable compensation and the accelerators are laughable. If you are fresh out of school, this might be a nice opportunity to gain experience with a SaaS company. However, for someone looking for that next great opportunity, do not let the shiny exterior fool you!

1.0
Jul 25, 2016

Engineers, do not work here!

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

health insurance benefit is good

Cons

Servicemax is a sales driven company with engineering as an afterthought. Do not expect to see healthy engineering practices here. The technical debt here is extremely high. Adding or fixing features has turn into a mess. Having to work with a remote team is frustrating because there is lack of communication (time difference, language barriers, etc). Work can take days to finish because of this. The technology is also very outdated, and not at all innovative. Do not expect to develop your career here. There are a lot of politics in upper management and lack of transparency. There is a lot of finger pointing when things do not get done. Communication is awful between upper management and the rest of the company. The culture among upper management is also highly questionable as well. No 401k benefits

Viewing 1 - 3 of 203 Reviews

Glassdoor has 208 ServiceMax reviews submitted anonymously by ServiceMax employees. Read employee reviews and ratings on Glassdoor to decide if ServiceMax is right for you.