Companies That OffshoreOffshore outsourcing is a potent tool for businesses that need access to talent in a niche. It can also lower labor costs, increase revenue and boost competitiveness of the company.Companies that outsource should be aware of the risks. Moving design offshore along with manufacturing could deprive a company of its design and engineering capabilities.TelstraTelstra has made significant strides since its humble beginnings in the early 1990s when it was a government-owned small company. Today it is a huge private telecommunications firm that operates all over the world. It is also the biggest provider of fixed line telephone service in Australia.The company's success can be attributed to its solid investment strategy and its innovative solutions. In the beginning when resources were limited, the company sunk heavily in new technology and realized that the telecommunications industry had huge growth potential. This was a great move, as it enabled the company to connect Australian cities both domestically and internationally. The company was also a pioneer in the use of mobile phones, which enabled people to stay in touch with loved ones wherever they were.In the 90s, the company faced major challenges, including deregulation and competition from competitors. However, it was not content to be on its hands and came up with ambitious plans to address these changes. For example, it invested heavily in infrastructure and has spent $200 billion to improve its services. It also innovated and launched BigPond the first high-speed internet service for consumers.It also reduced its workforce and outsourced some of its functions, which resulted savings in costs. In addition, it implemented an organizational structure that separated roles into functional groups, rather than the traditional hierarchy. This gave superior managers to exercise greater control over their area of expertise.Recently, Telstra announced that it will bring its call centres back to Australia and that, by 2021, all of its consumer and small business calls will be answered in the country. Telstra has made a major leap forward, and this will have a positive impact on its customers. However, the company will continue to operate offshore call centres for its major international business clients.GEGeneral Electric (GE) was established by Thomas Edison in 1892 and quickly 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 during this period. Despite these achievements, analysts have questioned if the company's growth is sustainable.At present, GE is focusing on industrial technology and services, renewable energy, medical and power. It has also invested into additive machines, 3D printers which can be used to make products and parts. GE's finance arm also offers commercial lending and leasing.The most well-known item of the company is the GE washer and dryer, which has been in use in American homes for more than 80 years. It was the first machine that could 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. GE plans to expand its digital business in the near future. This includes commercial software from Wurldtech and cybersecurity technologies.GE also offshores its major business processes to India in a country where wages are cheaper than in the US. Its captive offshoring company, GE Capital International Services (GECIS) employed 12,000 employees in 2004. In 2005, GE spun off its stake in GECIS to create a BPO company called Genpact. Genpact has 20,000 employees, and GE is still a major client. Genpact recently expanded its business by purchasing the manufacturer of the Osprey drone. GE has also made significant investments in the wind industry, through a contract to provide 87 Haliade-14MW wind turbines from Dogger Bank C.IBMInternational Business Machines (IBM) is one of the world's biggest technology companies, headquartered in Armonk, New York. IBM provides hardware software, services, and hardware to the IT industry. Additionally, it provides financing options to help clients' acquisition of IT systems and software. Additionally, it runs research laboratories around the world. The company's groundbreaking research began in the 1880s when Julius E. Pitrat invented the computing scale, and Alexander Dey created the dial recorder. Herman Hollerith also created a tabulating device.The company's corporate vision statement is a reflection of its commitment to leading in the field of information technology and market. It declares that the company will deliver high-value services by combining business model innovation with technology expertise and industry knowledge. It also focuses on customer success and value creation, which is important factor in its long-term success.In recent years, IBM has expanded its services business and recast itself as a cloud and cognitive solutions computing platform company. The company's software lineup includes analytics offerings, such as Cognos and SPSS. It also offers IT infrastructure software such as IBM WebSphere application servers and MQ messaging middleware. It also offers mobile software and security products, such as the IBM Verse business-email offering and the IBM QRadar platform for security intelligence.The company's hardware business has been in decline in recent years due to the shift in corporate IT spending from on-premise facilities to central providers like Amazon Web Services. IBM has focused on its business consulting and service business and has made several acquisitions to boost their presence in these fields. In addition IBM has poured money heavily in cloud computing and has a vast global footprint.AccentureAccenture is one of the top management consulting, technology services and outsourcing companies. Accenture has many strengths that give them a competitive advantage, including a deep expertise and knowledge of their field, innovative technology solutions and strong partnerships with the top vendors.The company's business processes include marketing, procurement and supply chain, as well as learning, human resources, and finance. It is also in more than 120 countries. In addition to its core services, Accenture offers a number of other services that are specialized. Accenture, for instance, provides SAP S/4HANA and rapid tracking of customer journeys in digital businesses. It also offers security and IT consultancy services.In the past, companies have outsourced certain production processes to reduce costs and increase their competitiveness. For companies offshore , the clothing industry has outsourced a lot of its production processes to Asian countries. In recent years however, more businesses have shifted their focus from product production to services. This shift has resulted in an increasing demand for professionals who have experience in digital and IT services. The most appealing aspect is that these skills are transferable across different industries. offshore company has a wide range of clients and is expanding its reach 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 like Apple, Google, and Oracle to create new technologies. Accenture, for example, has partnered up with SAP to develop an intelligent platform solution that helps oil companies from upstream simplify their processes by using market standards. A consortium of oil companies, including BP and Equinor is currently testing the solution. This partnership shows how companies are stepping away from traditional outsourcing to focus on innovation and services.MicrosoftMicrosoft is among the world's most successful producers of operating systems and applications for personal computers. The most well-known products are the Windows line of software as well as the Office suite, and the Internet Explorer web browser. The company has been accused of monopoly, anti-competitive practices and the use of monopoly. In the 1990s, it began creating a complicated web of offshore entities to transfer intellectual property and cut taxes.When a customer buys Office in Seattle the money doesn't take the short route to Microsoft's headquarters in nearby Redmond. The money begins an extended journey, first going through a Nevada sales subsidiary, which doesn't tax corporate income. It then crosses the Atlantic to an Bermudan company which is taxed at Bermuda's zero-percent rate. companies offshore is then sent to a Puerto Rican firm that pays for the research and then gives a small portion to an Irish company. The company has employed structures similar to this in other countries, including Britain and Germany. The arrangement has saved the software massive billions of dollars in taxes.The software giant is now facing a legal challenge from Congress to alter its offshore strategy. The Senate Permanent Subcommittee on Investigations stated that the company, together with other technology firms, employ offshore units and tax loopholes to avoid paying of taxes. The committee is investigating allegations that tech companies such as Alphabet the parent company of Google and Apple have been evading taxes by shifting billions of dollars of profits to low tax jurisdictions. offshore company between SSE Renewables, Avanade and the Netherlands Ministry of Infrastructure is a part of an overall project to improve the impact of wind farms on the environment. The partnership will develop digital instruments to better monitor the effect of a windfarm on the local eco-system. The tools will be tested in an aquarium and will improve wildlife identification as well as abundance monitoring and distribution analysis.