Know what you are getting into - Anonymous employee AspenTech Employee Review

1.0
Mar 19, 2018
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Healthy Cash Flow and good IT team.

Cons

The executive team talks poorly behind each others backs. As noted by all others, all decisions come from the top. The company is a renewals company. Don't let them try to spin it any other way. The strategy here is don't do anything different. If we want something new be sure it fits in this exact same box that we operate in. There is a lack of integrity in the CFO seat who does not play by the same rules he expects the rest of the executive team to play by. Multiple teams have turned over >100% due to this position. Negotiate what you want going in. Don't expect a quality raise or promotion.

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5.0
May 23, 2026
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CEO approval
Business Outlook

Pros

Well run company with smart people.

Cons

At the lower end of salary bands

3.0
May 18, 2026
Recommend
CEO approval
Business Outlook

Pros

Good products with large customer base. Product development is innovative and willing to work directly with customers. Base pay for sales reps is improving after the acquisition by Emerson Electric. The Emerson Electric acquisition is received positively by the customers. Internal training is good and readily available. Collaboration between the various departments is excellent.

Cons

New management is focused on running the sales organization by spreadsheet metrics vs. obtaining and improving customer relationships. Product pricing and sales approval processes are very complex. Customers are seen as captives and when they request reasonable changes to their contract, they are often denied if there is not significant revenue growth (results in bad relationships). Sales management is spending more time in internal meetings than with customers and their reps.

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