Triple Point Technology Reviews | Glassdoor

Triple Point Technology Reviews

Updated December 21, 2016
122 reviews

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2.5
Star Star Star Star Star
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Andrea Pignataro
45 Ratings

122 Employee Reviews

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Pros
  • Everyone works hard to grow the company but work life balance is well respected (in 8 reviews)

  • Good pay, good visibility, excellent work env, good domain knowledge (in 9 reviews)

Cons
  • hire great programmers and ION/acquisition didn't change anything on this front (in 6 reviews)

  • Top management does not know what they are doing (in 5 reviews)

More Pros and Cons

  1. "good place"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    I work with our accounts team and the group is sharp, funny, and driven. It's a great environment and culture, and everyone is mission-driven and effective.

    Cons

    The office is open, and there's often a great energy. But it can get loud sometimes - so I have to go to a more quiet part.

    Advice to Management

    The focus on culture is great. Would love to interact with some of the outer offices a bit more than I do today.


  2. "Transition"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Houston, TX
    Current Employee - Anonymous Employee in Houston, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Triple Point Technology full-time (More than 10 years)

    Pros

    Good people and knowledge about the industry. A difficult transition to a new parent, but turning the corner and understanding how best to work together. New technologies and opportunities to push your boundaries with what is possible. Being part of a big change. Those that have latched on to the future are doing well.

    Cons

    Not somewhere to be if you just want to swim along. Low transparency to financial direction of company.

    Advice to Management

    Share more with the entire organization, you will be surprised by the benefits - even if the news is not the best.


  3. Helpful (5)

    "What's Going On Here?"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Houston, TX
    Former Employee - Anonymous Employee in Houston, TX
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Triple Point Technology full-time

    Pros

    No pros - the situation is simply insane.

    Cons

    After the sale to ION, TPT is a gulag.

    Advice to Management

    None - the ION pantheon is working its own secret plan and is not interested in ideas from mere mortals.

    This is probably giving more credit than due; more likely, ION just forgot it grabbed up TPT while on a buying spree.


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  5. Helpful (6)

    "Senior Architect"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Before buyout, small agile teams and trying out new businesses and new technologies.

    Cons

    After buyout, do not know, it looks like survival and lean teams.

    Advice to Management

    be transparent and not secretive.


  6. Helpful (6)

    "Circle of Trust"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Analyst in Katy, TX
    Former Employee - Business Analyst in Katy, TX
    Doesn't Recommend
    Negative Outlook

    I worked at Triple Point Technology full-time (More than 5 years)

    Pros

    Competitive Pay, flexible schedule, k-cups

    Cons

    No career path. Prolific layoffs, existing staff wearing too many hats, not enough expertise. Remaining sales staff is completely confounded. Precious little trust of upper management in staff.

    Advice to Management

    Strategies that worked for small company growth does not work for a large global company. I know your trying to get it right, its just not working, good luck.


  7. Helpful (6)

    "Unfortunate acquisition."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Westport, CT
    Former Employee - Anonymous Employee in Westport, CT
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Triple Point Technology full-time (More than 5 years)

    Pros

    The original TPT people are knowledgeable, high integrity and fun individuals. It's a shame that the ION acquisition has crushed these good souls.

    Cons

    The TPT that most customers have adopted prior to 2014 is not the same as the current incarnation of the company. The new ownership has demolished all that was good with TPT. There is no innovation or enthusiasm or customer centric mind set in the current version of the company. Management does not value experience or insight, the ION team is converting the talent pool to robotic yes-men/women so they can execute a strategy that is only known to a handful of people. Nice job with communication (sarcasm) and crushing the innovative spirit of good people.


  8. Helpful (7)

    "Keep Looking"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    None - since ION took over, the downhill spiral has been fast and furious.

    Cons

    ION has no game plan nor effective management and continues to lose money and resources/knowledge.


  9. Helpful (6)

    "Company going from worst to worst!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - QA Analyst in Westport, CT
    Current Employee - QA Analyst in Westport, CT
    Doesn't Recommend
    Negative Outlook

    I have been working at Triple Point Technology full-time

    Pros

    Works with somewhat new technology, niche of commodity trading is still hot.

    Cons

    No transparency, no direction, no motivation, always fear of layoffs, do not care about employees, over work them, cost cutting at a level where company does not spend on receptionist.

    Advice to Management

    Be transparent, care and what listen to what employees pain point is.


  10. Helpful (10)

    "Most Unyielding Management"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Principal Consultant, Professional Services in Houston, TX
    Former Employee - Principal Consultant, Professional Services in Houston, TX
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Triple Point Technology full-time (More than 5 years)

    Pros

    -Acquisition by ION shifted the "vision" from short term (misaligned) sales to long term product development.
    -Management let go of many useless middle managers who were somehow flying under the radar before the acquisition.

    Cons

    I dont need to speak of how opaque and unyielding the management is, as almost all reviewers have covered that.
    - Engineering seriously lacks innovation. They dont(are unable to?) hire great programmers and ION/acquisition didn't change anything on this front. The offshore engineering leadership is crippled with old school bureaucratic mentality.
    -Client facing teams lost some great folks and the management has done little to control the loss of talent. Implementation team is extremely top heavy. They need to lose the middle management layer and hire technical SMEs/young consultants who are willing to roll up the sleeves. Also, the energy spent on producing perfect documents is near maniacal.

    Advice to Management

    Place more value on technical folks and not middle management. Place more value on the software and not the documents(every product in the industry can use better documentation, but not at the expense of product/implementation quality).


  11. Helpful (12)

    "Consultant"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Consultant in Westport, CT
    Former Employee - Consultant in Westport, CT
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Some good and helpful people to work with

    Cons

    You're held back unless you friends with the managers. Once ION acquired the company everything went from bad to worse. ION is incredibly secretive. No announcements, path forward. Bonus structure was eliminated without warning. We found out when we didn't see the money in our accounts. Unrealistic promises were made to retain good staff, but fortunately many weren't that stupid. Sad to see a once decent company being driven to the ground rapidly

    Advice to Management

    The only way out is to bring back former middle and lower level employees. Those at the top were simply looking out for themselves.



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