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Ventyx

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Ventyx

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Ventyx Reviews

Updated Dec 31, 2020

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Found 196 of over 203 reviews

2.4
29%
Recommend to a Friend
29%
Approve of CEO
Ventyx Product Group Manager Matthias Heilmann (no image)
Matthias Heilmann
20 Ratings
Pros
  • "Some areas allow work from home(in 14 reviews)

  • "Energetic company, very good people(in 14 reviews)

  • Cons
  • "Unstable, constant restructuring, no training or investment in resourcing or tools(in 10 reviews)

  • "Senior Management thinks they figured it all out only for their buddies at lower and middle management to show otherwise(in 9 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
    1. 5.0
      Former Employee

      Great Company

      Mar 28, 2018 -  
      Recommend
      CEO Approval
      Business Outlook

      Pros

      -Has ABB as a parent company

      Cons

      -Smaller organization within ABB Company

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    2. 4.0
      Current Employee, more than 5 years

      Great Company

      Jan 28, 2020 - Account Executive in Houston, TX
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Ability to make alot of money. Not alot of micromanaging.

      Cons

      products need development and management needs to decide on sales territory and keep it for more than a year.

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    4. 1.0
      Current Employee, more than 3 years

      Name Change Same Place

      Jun 5, 2015 - Anonymous Employee in Atlanta, GA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Benefits are good here. You may have the opportunity to work from home but that depends on what group you're in. Its accepted in some groups others not so much. There are really good talented people here.

      Cons

      ABB Enterprise has a horrible reputation for sugar coating. They are really good at it. This place is the absolute worst. We literally had 3 CEO's in one year and they never addressed it. They laid off a number of employees, never addressed it. People misbehave and are VERY unprofessional, they don't address it. It's a very hostile environment and they allow it. You can't go to the group that should handle those types of issues but please don't waste your time; they will let you down. Trust me, they always "LOOK THE OTHER WAY" Its like they hide behind the parent company expecting all the bad things to go away because they have integrated. Do not be fooled, it's the same place. Same weak leadership and upper management that pride themselves on never addressing issues. They paint a picture of what this place should be and what they believe it to be but it's nothing like that. Employees are underappreciated. They pay well because they have to, no one wants to work here and they know it. If I had to guess I would honestly say majority of the employees here are miserable. This company doesn't know how to treat people nor does it know anything about the industry it's in. Be aware. No policies, no procedures, no morals or ethics. You be the judge.

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      12 people found this review helpful
    5. 4.0
      Current Employee, more than 8 years

      An OK place to work.

      Sep 1, 2012 - Anonymous Employee in Atlanta, GA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Well seasoned employees who are well experienced and the managers really care for their employees. Good focus on software development process.

      Cons

      Poor resource planning. They always have to pick what they want to do. Do they want to enrich their products or come up with a new product to penetrate new markets or just get mired in support issues? Since they don't want to invest long term they end up picking just support and in turn not have any opportunity to penetrate new areas.

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      3 people found this review helpful
    6. 2.0
      Former Employee, 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.

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      9 people found this review helpful
    7. 3.0
      Current Employee, more than 3 years

      Amazing promise, challenging politics, abysmal growth.

      Jan 27, 2014 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      A lot of really great potential is packed into this organization. There are a lot of bright people, the products they bring to market are useful and have few competitors, and the organization has solid backing from it's parent company ABB.

      Cons

      There is so much wrong with the "east coast" politics its scary, even more so in the technology realm where it is managed out of a former penal colony (looking at you Brisbane) and the prevailing attitude seems to be "if it doesn't make me look good, I don't care".

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      7 people found this review helpful
    8. 3.0
      Former Employee

      Lackluster Management

      Jul 6, 2015 -  
      Recommend
      CEO Approval
      Business Outlook

      Pros

      The only pro that I can think of is that this position is a stepping stone to my next opportunity.

      Cons

      Poor leadership from management. Poor communication skills from management. Staffing constraints are causing product releases to be distributed with defects or causing processes to fail. Minimal to non-existant training, which causes an extreme learning curve, about a year. It should NOT take a year for someone to learn their job just enough to answer basic questions. There are some things that only one person knew how to do, and they left the company. Which in turn leaves everyone else to play the guessing game on doing their job.

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      7 people found this review helpful
    9. 1.0
      Current Employee, more than 1 year

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

      Dec 18, 2014 - Anonymous Employee in Atlanta, GA
      Recommend
      CEO Approval
      Business Outlook

      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.

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      7 people found this review helpful
    10. 1.0
      Former Employee, more than 5 years

      Old people are ruining the company.

      Sep 16, 2015 - Applications Engineer in Atlanta, GA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      if you don't have any other option, then this is the place to be for a little while. Sorry cannot think of any real pros ..really tried to write something good but no luck.

      Cons

      Everyone is terrified to loose their job so they don't share information, and that makes it very very difficult for new hires to ramp up. Employees who are there since pre historic age still wants to do stuff that was relevant then, but not now..and they don't realize that. Some folks only want to travel, get miles, rewards etc ..and that forces them to not give newcomers any opportunity to meet with customers and learn quickly. HR dept also does not take any action when official complains are made ..they talk to you to find the issue and then , no action..lets say the matter was really serious and companies have been sued for this kind of allegation. Management does not know what to do ..every few months there is a restructure, deserving people don't get a chance, I can go on ..

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      8 people found this review helpful
    11. 3.0
      Current Employee, more than 1 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

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      5 people found this review helpful
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