Pros
Talented senior management. Good experience to put on your resume. Lack cultural diversity. Long release cycle, allowing work-life balance at certain stages of the cycle.
Cons
Innovation is not encouraged on the ERP side of the business. Often, product decisions are driven by middle management's own agenda (ie their own job security). Middle management that comes from a customer support background do not know how to run a product management team. They have no sense of what "market-driven" product means. They only know how to run a team like a support organizaton. The reason why these managers still have a job is because R&D spends most of the time fixing bugs and doing customer support. What does that say about the product quality? There is no room for innovation although the company claims to be innovative. Alignment of strategies within the company is always a problem.