Companies That OffshoreOffshore outsourcing is a potent option for companies that require access to talent in a niche. It can also reduce labor costs, increase revenue and increase competitiveness of companies.But companies that offshore must be aware of the risks involved. Manufacturing and designing can be transferred offshore together and rob a company of its design and engineering capabilities.TelstraTelstra has made significant strides from its humble beginnings in early 1990s when it was a government-owned small business. Today it is a huge private telecommunications business that operates across the globe. It is also the largest provider of fixed line telephony in Australia. offshore company can be attributed to its innovative solutions and an effective investment strategy. When resources were scarce in the early years the company poured its money into new technology, and realized that the telecommunications sector was a great growth area. This was a great move because it allowed the company to connect Australian cities both locally and internationally. The company also created the first mobile phone, which allowed people to stay in touch with their loved ones regardless of where they were.In the 90s, the company faced major challenges, including deregulation and competition from competitors. It refused to sit back and came up with a plan to adapt to these changes. It invested $200 billion in infrastructure and invested heavily in it. It also innovated and launched BigPond the first high-speed internet service for users.It also reduced its workforce and outsourced a few of its tasks, which led to cost savings. It also introduced an organizational structure that divided roles into functional groups, instead of the traditional hierarchical structure. 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 Australia. Telstra has taken a huge leap forward, and this will have a positive effect on its customers. However Telstra will continue to run offshore call centres for its largest international business clients.GEGeneral Electric (GE) was founded by Thomas Edison in 1892 and quickly became one of the most successful American companies. In the 1980s GE bought several large companies, including Employer's Reinsurance and Kidder Peabody. In the 1980s the company's revenue grew from $5 billion to $70 billion. Despite these achievements analysts have been unsure if GE's success is sustainable.GE focuses its efforts on industrial technology and services, renewable energy and power. It has also invested in additive machines, or 3-D printers, which can be used to make new 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, which has been used in American homes for more than 80 years. It was the first appliance that could automatically wash and dry clothes, which is an innovative invention for families. GE manufactures not only appliances, but also medical devices, aircraft engines and generators of power. GE plans to expand its digital business in the near future. This includes commercial software from Wurldtech and cybersecurity technologies.GE also outsources its main business processes to India which is where wages are lower than in the US. In 2004 GE Capital International Services, its offshoring company that is owned by GE employed 12,000 people. In 2005, GE spun off its stake in GECIS to create Genpact, a BPO company known as Genpact. GE remains a big client of Genpact, which now employs more than 20,000 people. The company recently diversified by purchasing the maker of the Osprey Drone. GE has also made significant investments in the wind sector through a contract to provide 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, services, and hardware to the IT industry. In addition, it offers financing to facilitate its clients' acquisition of IT systems and software. In addition, it operates research laboratories around the world. The company's pioneering 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 information technology industry and market. It states that the company will offer high-value services by using business model innovation in conjunction with technology expertise and industry knowledge. It also puts a top priority on customer satisfaction as well as value creation because it is the most important factor to its success in the long run.In recent years, IBM has expanded its services division and rebranded itself as an cognitive solutions and cloud computing platform company. The company's software lineup includes analytics products like Cognos and SPSS. It also provides IT infrastructure software, including the IBM WebSphere application server and MQ messaging middleware. It also offers security and mobile applications such as the IBM Verse business email offering and the IBM QRadar security intelligence platform.In recent years, IBM's hardware sales have decreased due to a shift in corporate IT expenses from on-premises facilities to centralized providers such as Amazon Web Services. IBM has focused on its business consulting and services businesses and has made several acquisitions to boost their presence in these fields. Additionally offshore company has also invested heavily in cloud computing, and has a vast global footprint.AccentureAccenture is a top provider of management consulting outsourcing, technology and services in the world. Accenture has a number of strengths that give them an competitive edge, including deep expertise and knowledge of their industry, ingenuous technology solutions and strong partnerships with the top vendors.The business processes of the company include procurement, marketing and supply chain, as well as learning, human resources, and 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 fast-tracking customer journeys to digital businesses. It also offers IT and security consulting services.In the past, companies have outsourced a few production processes to reduce costs and improve 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 shift has led to a growing demand for professionals with experience in digital and IT services. The benefit is that these skills can be transferred across industries.Accenture has a wide range of clients and is growing in important markets. Accenture's client list includes 91 Fortune Global 100 companies and more than three quarters of Fortune Global 500. The company partners with companies such as Apple, Google, Oracle, and others to develop innovative technology. Accenture for instance has partnered with SAP to create an intelligent platform that helps upstream oil companies simplify their operations by utilizing market standards. offshore consultancy company of major oil companies, including BP and Equinor, is testing this solution. This collaboration is a demonstration of how companies are shifting away from traditional outsourcing and focusing on services and innovations.MicrosoftMicrosoft is one of the world's most successful manufacturers of operating systems and application software for personal computers. The most well-known products of Microsoft include its Windows software line, Office suite and Internet Explorer browser. But the company has also faced accusations of monopoly and anti-competitive behaviour. In the 1990s, it set up the foundation of a network of offshore entities to transfer intellectual properties and cut down on taxes.If a client purchases Office in Seattle, the profit doesn't take the short route to Microsoft's headquarters in nearby Redmond. The money starts with a long trip, first going through a Nevada sales subsidiary, which doesn't tax corporate income. Then, it crosses the Atlantic to the Bermudan company which is taxed at the island's zero percent rate.The money goes to the Puerto Rican company that accounts for research costs and transfers a small slice to an Irish company. The company has utilized structures similar to this one in other countries, including Britain and Germany. offshore consultancy company has saved the software giant billions of dollars in tax.Congress is now suing 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 allegations that tech companies, such as Alphabet the parent company of Google and Apple have been evading taxes by transferring billions of dollars of profits to low tax jurisdictions.The partnership 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 that can better monitor the impact of wind farms on the local ecosystem. The tools will be utilized in aquariums to improve wildlife identification and monitoring of abundance.