Companies That OffshoreOffshore outsourcing can be a powerful tool for businesses that need access to talent in a niche. It can also lower the cost of labor, boost revenue and boost competitiveness of the company.But offshore consulting companies that offshore must be aware of the potential risks that come with. Manufacturing and design can be transferred offshore together, which can rob companies of their design and engineering capabilities.TelstraTelstra has progressed a lot from its humble beginnings in the form of a small government-owned company. Today it is a large privatised telecommunications company with operations across the globe. It is also Australia's biggest fixed-line telephony service provider.The company's success is due to its solid investment strategy and its innovative solutions. In the beginning, when resources were limited, the company sunk heavily in the latest technology and realized that the telecommunications industry had huge growth potential. This was a great move because it allowed the company to connect Australian cities both locally and internationally. The company also developed the first mobile phone, which allowed people to stay connected with their loved ones no matter where they were.During the 1990s, the company had to face many challenges, such as deregulation and the competition of rival companies. However, it was not content to sit on its hands and came up with innovative strategies to deal with these changes. For example, it invested heavily in infrastructure and invested $200 billion to improve its services. It also came up with a new idea by launching BigPond which is a high-speed internet service for customers.It also cut its staff and outsourced some tasks, which resulted in savings. Additionally, it introduced an organizational structure that broke up roles into functional groups instead of a traditional hierarchy. This allowed superior managers to exercise greater control over their area of expertise.The company announced recently that it is bringing its call centers back to Australia and that, by 2021 its small business and consumer calls will all be answered in Australia. This is a significant improvement for Telstra, and it is likely to have a positive impact on its customers. However, the company will continue to run offshore call centers for its larger 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. In the 1980s, GE's revenue rose from $5 billion to $70 billion. Despite these achievements, analysts have questioned if the company's growth is sustainable.Presently, GE is focusing on industrial technology and services, medical, renewable energy and power. It has also invested in additive machines, also known as 3-D printers that can be used to make new products and parts. Additionally the financial arm of GE provides commercial loans and leasing.The GE washer-dryer is the company's best-selling product. It has been in use in American homes for over 80 years. It was the first device that could automatically wash and dry clothes, which is an amazing invention for household use. GE manufactures not just appliances, but also aircraft engines, medical devices and generators of power. GE plans to expand its digital business in the future. This includes commercial software from Wurldtech and cybersecurity technologies.GE also offshores its most important business processes and its major business processes to India, where wages are much cheaper than in the US. The company that is its captive offshoring subsidiary, GE Capital International Services (GECIS) employed 12,000 workers in 2004. In 2005, GE spun off its stake in GECIS to create a BPO company named Genpact. GE remains a big client of Genpact which employs more than 20,000 people. The company recently diversified by buying the manufacturer of the Osprey Drone. GE has also invested heavily in the wind sector through a contract to supply 87 Haliade-14 MW wind turbines from Dogger Bank C.IBMInternational Business Machines (IBM) is one of the world's biggest technology companies with its headquarters in Armonk, New York. The company offers hardware software, services, and hardware to the IT industry. In addition, it offers financing options to help clients purchasing IT systems and software. In addition, it operates research labs around the world. The company's innovative research dates back to the 1880s, when Julius E. Pitrat invented the computing scale, and Alexander Dey created the dial recorder. Herman Hollerith also created the 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 states that the company will offer high-value services by using business model innovation in conjunction with technological expertise and industry knowledge. It also focuses on customer satisfaction and value creation, which is key to its long-term success.In recent years, IBM expanded its services business. It has also changed its name to a cloud computing platform and cognitive solutions company. The company's software lineup includes analytics-related offerings, such as Cognos and SPSS. offshore consulting companies provides IT infrastructure software such as IBM WebSphere application servers and MQ messaging middleware. It also offers security and mobile software such as the IBM Verse business email offering and the IBM QRadar security intelligence platform.The hardware business of IBM has been declining in recent years, due mainly to the shift in corporate IT spending from on-premise systems to centralized operators such as Amazon Web Services. IBM has been focusing on its business consulting and service businesses and has made a number of acquisitions to increase their reach in these areas. The company has also made significant investments in cloud computing and has a global presence.AccentureAccenture is one of the top management consulting outsourcing, technology services and outsourcing companies. The company has a number of strengths that make it an advantage that include extensive industry expertise and knowledge of cutting-edge technologies, strong partnerships with leading technology vendors, and global reach and scale.Marketing procurement, supply chains, learning and management of human resources and finance are all part of the company's operations. Accenture is also present in more than 120 countries. In addition to its core offerings, Accenture offers a number of other specializations. Accenture, for example, offers SAP S/4HANA and the fast-tracking of customer journeys in digital businesses. It also provides IT and security services.In the past, companies have outsourced some production functions in order to reduce costs and improve competitiveness. In the garment industry for instance, a lot of production tasks have been outsourced to Asian countries. In recent years however, more businesses have shifted their focus away from production of products to services. This shift has led to an increasing demand for experts with experience in digital and IT services. These skills can be transferred across industries.Accenture has many clients and is expanding in key markets. The client base includes 91 of the Fortune Global 100 and more than three-quarters of the Fortune Global 500. Accenture also works with companies like Apple, Google, and Oracle to create new technologies. Accenture for instance, has partnered up with SAP to develop an intelligent platform that helps upstream oil companies reduce complexity through market standards. The solution is currently being tested by a group of major oil and gas companies, including BP, Chevron, ConocoPhillips and Equinor. This partnership demonstrates how companies are moving beyond traditional outsourcing to concentrate on innovation and services.MicrosoftMicrosoft is one of the most successful publishers of operating systems and application programs for personal computers. Its best-known products include the Windows range of software, the Office suite, and the Internet Explorer web browser. The company has been accused of unfair competition, monopoly practices and unconstitutional behavior. In the 1990s, the company began setting up a complex web of offshore entities to transfer intellectual property and cut taxes.When a customer buys Office in Seattle however, the profits don't go to Microsoft's headquarters in nearby Redmond. The money begins with a long trip beginning with a Nevada sales subsidiary, which does not tax corporate income. Then, it travels across the Atlantic to the Bermudan company which is taxed at the island's zero percent rate.Then, the funds are transferred to the Puerto Rican company that accounts for research costs and transfers some of the proceeds to an Irish firm. offshore consulting company has employed similar structures in other countries like Britain and Germany. The arrangement has saved the software giant billions of dollars in tax.Congress is now challenging the software giant to alter its offshore policy. The Senate Permanent Subcommittee on Investigations stated that the company and other tech companies have offshore units and loopholes to avoid paying taxes. The panel is investigating claims 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 tax-free jurisdictions that are not as high.The partnership between SSE Renewables and Avanade is part of a larger project to improve the environmental impact of wind farms in the Netherlands. The partnership will develop digital instruments that can better monitor the impact of wind farms on the local ecosystem. The tools will be utilized in aquariums to enhance the identification of wildlife and monitoring of abundance.