Pound Wise and People Foolish - Anonymous employee AspenTech Employee Review

3.0
Sep 21, 2010
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Stable, financially sound, focused. Smart people, good teamwork in the ranks. Proven value proposition of saving customers $Ms with their software. Marquis-name customers who are willing to speak on company's behalf. Great token-based subscription model.

Cons

It's about the numbers, not the people. For example, telecommuting is strictly forbidden. Last year HR issued a policy stating that in the event of a snowstorm employees who did not want to risk the commute must take a personal day or vacation day, unless a state of emergency had been called.. // Expectation that you will sacrifice your personal time on a regular basis, no comp time considered. Last year it was mandated that no vacation could be taken during Christmas and New Year's due to a major project being wrapped up, but also the planned vacation time that was cancelled could be carried over into the following year.

Explore other reviews about AspenTech

5.0
May 23, 2026
Recommend
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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