Companies That OffshoreOffshore outsourcing is a potent tool for companies that require access to niche talent. It can also lower cost of labor, increase the company's revenue, and boost its competitiveness.However, companies who offshore should be aware of the risks involved. Designing and manufacturing offshore, along with manufacturing could deprive a company of its design and engineering capabilities.TelstraTelstra has made significant strides from its humble beginnings in the early 1990s, when it was a state-owned small business. Today it is a large privatised telecommunications company with operations all over the world. It is also Australia's largest fixed-line telephony service provider.The company's success can be attributed to its solid investment strategy and its innovative solutions. In the early days, when resources were scarce, the company invested heavily in the latest technology and saw that the telecommunications industry had enormous potential for growth. This was a smart move as it enabled the company to connect Australian city both domestically and internationally. The company was also the first in the field of mobile phones, which allowed people to keep in touch with loved family members wherever they were.In the 1990s, the company faced many challenges, such as regulation and competition from competitors. However, it was not content to remain on its hands and came up with innovative strategies to deal with these changes. For instance, it sunk heavily in infrastructure and has spent $200 billion to enhance its services. It also re-innovated by the introduction of BigPond - a high speed internet service for users.It also reduced its staff and outsourced a few of its functions, which resulted savings in costs. It also implemented an organization structure that separated roles into functional groups rather than the traditional hierarchical structure. This gave the top managers to have more control over their areas of expertise.Telstra recently announced that it will bring its call centers back to Australia and that by 2021, its small business and consumer calls will be answered in Australia. Telstra has made a major step forward, and this will have a positive effect on its customers. Telstra will continue to run offshore call centers for its largest international clients.GEThomas Edison founded General Electric in 1892. offshore company became one of the most successful American companies. In the 1980s, GE acquired several large companies including Employer's Reinsurance and Kidder Peabody. The company's revenue grew from $5 billion to more than $70 billion in the period. Despite these successes analysts have been unsure if the company's growth is sustainable.Presently, GE is focusing on industrial technology and services including renewable energy, medical and power. It has also invested into additive machines, 3-D printers that can be used to make products and components. In addition, GE's financial arm provides commercial credit and leasing.The most well-known item of the company is the GE washer and dryer that has been used in American homes for more than 80 years. It was the first machine to automatically wash and dry clothes. It was a revolutionary invention in the world of household. In addition to its appliances, GE also manufactures aircraft engines, medical equipment and power turbines. In the future, GE is planning to expand its digital business that includes cybersecurity and commercial software technologies from Wurldtech.GE also outsources its main business processes and its major business processes to India in a country where wages are much cheaper than in the US. Its captive offshoring business, GE Capital International Services (GECIS), employed 12,000 workers in 2004. In 2005, GE sold its stake in GECIS and turned it into a separate BPO called Genpact. offshore company employs 20,000 employees and GE remains a major client. Genpact has recently expanded its business by purchasing the manufacturer of the Osprey drone. GE has also made significant investments in the wind sector with a deal to supply 87 Haliade-14 MW wind turbines from Dogger Bank C.IBMInternational Business Machines is one of the biggest technology companies around the globe with its headquarters located in Armonk, New York. IBM provides hardware, software and other services for the IT industry. In addition, it offers financing to assist its customers' acquisition of IT systems and software. Additionally, it runs research labs around the world. The company has a rich history of innovative research dating back to the 1880s, when Julius E. Pitrat patented the computing scale. Alexander Dey invented the dial recorder and Herman Hollerith created a tabulating machine.The corporate vision statement of the company is a reflection of its determination to be a leader in the industry and market for information technology. It declares that the company will deliver top-quality services by using business model innovation in conjunction with the latest technology and industry expertise. It also focuses on customer satisfaction and value creation, which is a important factor in its long-term success.In recent years, IBM expanded its services business. It has also rebranded itself as a cloud computing platform and a cognitive solutions company. IBM's software portfolio includes analytics-related products such as Cognos, SPSS and SPSS. It also offers IT infrastructure software such as IBM WebSphere application servers and MQ messaging middleware. It also offers security and mobile applications which includes the IBM Verse business email offering and the IBM QRadar security intelligence platform.In recent years, IBM's hardware sales have decreased due to an increase in IT spending from on-premises facilities to centralized operators like Amazon Web Services. In the meantime, IBM has focused on its business consulting and services businesses and has made a number of acquisitions to expand its presence in these areas. IBM has also made significant investments in cloud computing and has a worldwide footprint.AccentureAccenture is a top provider of management consulting outsourcing, technology and management consulting across the globe. Accenture has a number of strengths that give them a competitive edge, including deep knowledge and expertise in their industry, ingenuous technology solutions, and strong relationships with leading vendors.The business processes of the company include procurement, marketing and supply chain, as well as learning human resources, finance. Accenture is also present in more than 120 countries. In addition to its core services, Accenture offers a number of other specializations. For instance, it offers SAP S/4HANA development and speed-tracking customer journeys to digital businesses. It also provides IT and security consulting services.In offshore company consultant , businesses have outsourced a few production functions in order to lower costs and increase competitiveness. In the garment industry for instance, a lot of production functions have been outsourced Asian countries. In recent years, however, more companies have shifted their focus away from production of products to services. This has resulted in an increasing demand for professionals with experience in IT and digital services. These skills are also transferable across different industries.Accenture offers a variety of clients and is expanding its presence in key markets. Its client base includes 91 of the Fortune Global 100 and more than three-quarters of the Fortune Global 500. The company also partners with companies such as Apple, Google, and Oracle to develop new technologies. For example, Accenture has partnered with SAP to create an intelligent platform solution that helps upstream oil and gas companies reduce complexity by using market standards. The solution is currently being tested by a consortium of major oil and gas companies including BP, Chevron, ConocoPhillips and Equinor. This collaboration shows how companies are moving away from traditional outsourcing and focusing on services and innovations.MicrosoftMicrosoft is among the world's most successful manufacturers of operating systems and applications for personal computers. The most well-known products of Microsoft include its Windows software line, Office suite and Internet Explorer browser. But offshore consultancy company has also been accused of monopoly as well as anti-competitive behaviour. In the 1990s, it set up an elaborate network of offshore entities in order to transfer intellectual property and reduce tax payments.If a client purchases Office in Seattle, the profit doesn't travel the short distance to Microsoft's headquarters in nearby Redmond. Instead, the money starts a long trek beginning with an affiliate company located in Nevada, which doesn't tax corporate income. The money then travels across the Atlantic and is taxed by the Bermudan firm at a zero-percent rate.The money is then sent to a Puerto Rican firm that pays for the research and gives a small portion to an Irish company. The company has employed similar structures to avoid tax in other countries, including Britain and Germany. The software giant has saved billions of dollars in taxes by using this arrangement.The software giant is now facing a legal challenge from Congress to alter its offshore strategy. The Senate Permanent Subcommittee on Investigations said that the company, along with other technology firms, employ offshore units and tax loopholes to avoid payment of taxes. The panel is investigating tax evasion by tech companies, including Google owner Alphabet and Apple who have shifted billions of dollars in profits into low-tax jurisdictions.The partnership between SSE Renewables and Avanade is part of a larger project to reduce the environmental impact of wind farm development in the Netherlands. The partnership will create digital instruments that can better monitor the impact of wind farms on the local eco-system. The tools will be tested in an aquarium and will enhance the identification of wildlife, abundance monitoring and analysis of distribution.