In The Company Of Spies

from the data-mining-for-fun-and-for-profit dept

We've written about SAIC before - the hugely secret, but enormously profitable company that supplies all sorts of government agencies with various technologies they need. Business 2.0 is now running a good profile of SAIC talking about how the company began, and how it's grown over time. It also discusses the notorious cut-throat culture (described as "Darwinian chaos"). The article mentions the fact that the company is entirely "employee owned", but doesn't get into all the details about it (the culture is apparently notorious for using the internal distribution of shares as a part of every incentive given to employees - and once you leave, you're forced to sell back your shares). The article does describe, however, some of their datamining tools - and if you have any doubt who would be supplying the tools for the well known TIA system, I think it's pretty clear who would win the contract after reading this article.
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  • identicon
    Anonymous Coward, 29 Apr 2003 @ 9:17am

    Fun company to work for... NOT!

    ...as related by a former employee: back when
    NSI was privately held and owned by SAIC, all
    the so called employee-owners were offered a
    a chance to invest as much as $5k in NSI's IPO.
    That offer was extended to the rank and file
    shmucks just a few miniutes before the close of
    business (west coast time).

    Shortly after that little stunt, he resigned and
    that so called "employee owned company" lost one
    very motivated employee. How motivated? Try two months at sea doing deployed network/systems
    support with the Navy.

    ...so, while that little "Darwinian chaos" dagger
    looks all shiny and pretty when stabbing fellow
    employees in the back, it cuts both ways. This
    guy now occupies a position that would otherwise
    be filled by a SAIC droid and I can tell you that
    there's nothing that makes him happier than that
    fact.

    There's a really good reason why SAIC gets most
    of their money via government contract... that's
    the only organization stupid enough to hire them.

    Also, for any higher-ups being courted by SAIC
    for post-retirement employment: you're being
    pursued for your contacts and influence, which
    fade rapidly. In fact it's questionable if
    you will be able fill the function that SAIC
    needs you for without violating the "cooling
    off" period required. Unless you're very adept
    at pulling a political rabit out of your ass,
    I'd suggest you consider employment with a
    company that values you for your skill and
    experience... SAIC will discard you if they
    believe your influence has expired or your
    contacts have moved out of their chess move
    billets.

    BTW, that #@!% company still owes him $8k in
    unpaid travel expenses... unfortunatly there
    aren't any lawyers in CA who will pursue SAIC.
    I guess their all too busy look for the low
    hanging "sexual harassment" fruit.

    link to this | view in chronology ]

    • identicon
      Apache, 13 Feb 2007 @ 5:46pm

      Re: Fun company to work for... NOT!

      You are an anonymous coward. I have worked for SAIC for over 10 years and it is a fine company. It has some issues, just like anywhere else, but I took employee ownership seriously, and am now reaping the rewards.

      link to this | view in chronology ]


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