Companies That OffshoreOffshore outsourcing can be a powerful tool to help businesses find specific talent. It can also reduce labor costs, improve revenue, and increase company competitiveness.Companies that outsource must be aware of their risks. Designing and manufacturing can be transferred offshore together and can deprive a company of its design and engineering capabilities.TelstraTelstra has come far from its humble beginnings in early 1990s, when it was a state-owned small company. Today, it is a massive private telecommunications business that operates across the globe. It is also the largest provider of fixed line telephony services in Australia.The company's success is due to its innovative solutions and strong investment strategy. In the beginning when resources were scarce, the company invested heavily in new technologies and recognized that the telecommunications industry had enormous growth potential. companies offshore was a great decision, as it allowed the company to connect Australian cities both domestically and internationally. The company was also the first in the field of mobile phones, which allowed people to stay in touch with their loved ones wherever they were.During the 1990s, the company was faced with numerous challenges, including the deregulation of the industry and competition from competitors. It refused to be passive and came up with a plan to adapt to these changes. For instance, it sunk heavily in infrastructure and invested $200 billion to improve its services. It also re-innovated by the launch of BigPond which is a high-speed internet service for consumers.It also cut its workforce and outsourced some of its functions, which resulted in cost savings. It also adopted an organizational structure that divided roles into functional groups, instead of an traditional hierarchy system. This allowed managers at the top to have more control over their areas of expertise.The company announced recently that it will bring its call centers back to Australia and that, by 2021, its consumer and small business calls will all be answered in Australia. Telstra has taken a significant move forward, and it will have a positive effect on its customers. However, the company will continue to run offshore call centres for its major 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 acquired several large companies including Employer's Reinsurance and Kidder Peabody. The revenues of GE grew from $5 billion to $70 billion during this period. However, despite these achievements many analysts have wondered whether GE's growth was sustainable.Currently, GE is focusing on industrial technology and services, medical, renewable energy, and power. It has also invested into additive machines, 3-D printers that can be used to design products and components. Additionally, 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 device that could automatically wash and dry clothes, making it an amazing invention for household use. GE manufactures not just appliances but also medical devices, aircraft engines 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 major business processes in India in a country where wages are much cheaper than in the US. Its captive offshoring company, 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 known as Genpact. Genpact has 20,000 employees, and GE is still a major customer. The company has recently diversified its operations by buying the manufacturer of the Osprey drone. GE is also investing heavily in the wind industry with a deal to supply an 87-unit Haliade-X 14 MW wind turbines to Dogger Bank C.IBMInternational Business Machines is one of the biggest technology companies around the globe with its headquarters located in Armonk, New York. company offshore provides hardware software, as well as services to the IT industry. In addition, it offers financing to assist its customers purchase of IT systems and software. It also operates research labs across the globe. 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 a tabulating device.The corporate vision statement of the company reflects its commitment to leadership in the field of information technology and market. The corporate vision statement states that it will deliver quality service by combining technological expertise with business model innovation. It also puts a top priority on customer satisfaction as well as value creation since it is the most important factor to its success over the long term.In recent years, IBM expanded its services business. It also rebranded itself as cloud computing platform and a cognitive solutions company. The company's software lineup includes analytics offerings like Cognos and SPSS. It also provides IT infrastructure software, including the IBM WebSphere application server and MQ messaging middleware. It also offers mobile software and security products, including the IBM Verse business-email offering and the IBM QRadar platform for security intelligence.In recent years, IBM's hardware sales have decreased due to a shift in corporate IT spending from on-premises systems to centralized companies like Amazon Web Services. In the meantime, IBM has focused on its services and business consulting businesses, and has made a variety of acquisitions in order to increase its presence in these areas. Additionally IBM has also invested heavily in cloud computing, and has a significant global footprint.AccentureAccenture is a top provider of management consulting outsourcing, technology and management consulting in the world. The company has a number of strengths that give it a competitive advantage, including deep industry expertise and knowledge and innovative technology solutions, strong relationships with top technology companies as well as global reach and scale.Marketing procurement, supply chains and learning and human resource management and finance are all a part of the company's operations. It also has a presence in more than 120 countries. Accenture also offers a range of specific services in addition to its core offerings. For example, it offers SAP S/4HANA development and fast-tracking customer journeys to digital businesses. It also offers security and IT consulting services.In the past, companies have outsourced certain production processes to lower costs and increase competitiveness. In the clothing industry for instance, a lot of production functions have been outsourced Asian countries. However, in recent years increasing numbers of companies are focusing on providing services instead of product manufacturing. This has led to the need for more professionals with expertise in digital and IT services. These skills can be transferred across industries.Accenture has many clients and is expanding its reach in important markets. offshore company includes 91 Fortune Global 100 companies and more than three quarters of Fortune Global 500. Accenture also works with companies like Apple, Google, and Oracle to develop new technologies. Accenture for instance, has partnered up with SAP to develop an intelligent platform solution that aids oil companies in the upstream to simplify their processes by using market standards. A consortium of major oil companies, such as BP and Equinor is currently testing the solution. This partnership shows how companies are moving past traditional outsourcing to concentrate on innovation and services.MicrosoftMicrosoft is a leading publisher of operating systems and programs for personal computers. The most well-known of its products are the Windows line of software, 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 set up a complex network of offshore entities to transfer intellectual property and to reduce taxes.If a client purchases Office in Seattle however, the profits don't travel the short distance to Microsoft's headquarters in nearby Redmond. The money begins an extended journey by passing through an Nevada sales subsidiary, 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 transferred to the Puerto Rican company that accounts for research costs and passes a small portion to an Irish company. The company has employed similar structures in other countries, including Britain and Germany. The arrangement has saved the software massive billions of dollars in taxes.The software giant is facing a legal challenge from Congress to alter its offshore strategy. The Senate Permanent Subcommittee on Investigations has stated that the company along with other technology firms, employ offshore units and tax loopholes to avoid paying of taxes. The panel is investigating allegations that tech companies, such as Alphabet which is the parent company of Google and Apple have been evading taxes by transferring billions of dollars in profits to tax-free jurisdictions that are not as high.The partnership between SSE Renewables and Avanade is part of a larger initiative to reduce the environmental impact of wind farm development in the Netherlands. The partnership will create digital instruments to better assess the effect of a windfarm on the local ecosystem. The tools will be tested in an aquarium and will enhance the identification of wildlife, abundance monitoring and analysis of distribution.