Companies That OffshoreOffshore outsourcing can be a powerful option for companies that require access to niche talent. It can also reduce the cost of labor, boost revenue, and increase company competitiveness.However, companies who offshore should be aware of the risks that come with. Moving design offshore and manufacturing can deprive a business of its design and engineering capabilities.TelstraTelstra has come a long way since its humble beginnings as a small, government-owned business. Today, it is a massive private telecommunications firm that operates all over the world. It is also the largest provider of fixed line telephony in Australia.The company's success is attributed to its innovative solutions and a strong investment strategy. In the early days when resources were scarce, the company invested heavily in new technology and realized that the telecommunications industry had enormous potential for growth. This was a great move, as it enabled the company to connect Australian cities both domestically and internationally. The company also pioneered the mobile phone, which allowed people to remain connected to their loved ones regardless of where they were.In the 90s, the company was faced with significant challenges, including the deregulation of its operations and competition from rival companies. But, it did not sit idle and came up with ambitious plans to address these changes. For example, it invested heavily in infrastructure and invested $200 billion to enhance its services. It also came up with a new idea and launched BigPond the first high-speed internet service for consumers.It also cut its staff and outsourced some tasks, which resulted in cost savings. In addition, it implemented an organizational structure that divided roles into functional groups, rather than the traditional hierarchy. This allowed the top managers to have more control over their area of expertise.Telstra recently announced that it is bringing its call centers back to Australia and that, by 2021, its consumer and small business calls will be answered in Australia. Telstra has taken a significant move forward, and it will have a positive effect on its customers. offshore company consultant will continue to run offshore call centers for its more international clients.GEThomas Edison founded General Electric in 1892. offshore consulting company became one of America's most successful companies. In the 1980s, GE acquired several major companies, including Employer's Reinsurance and Kidder Peabody. The company's revenue grew from $5 billion to $70 billion in the period. However, despite these achievements, many analysts have questioned whether the growth of GE was sustainable.At present, GE is focusing on industrial technology and services including renewable energy, medical and power. It has also invested in additive machines, also known as 3-D printers that can be used to create new products and parts. GE's finance arm also offers commercial lending and leasing.The most well-known product of the company is the GE washer and dryer that has been in use in American homes for more than 80 years. It was the first machine that could be used to wash and dry clothes, which is an amazing invention for household use. GE manufactures not only appliances but also medical devices, aircraft engines and generators of power. In the near future, GE is planning to expand its digital business, which includes cybersecurity and commercial software technologies from Wurldtech.GE also offshoring its major business processes in India which has wages lower than those 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 Genpact, a BPO company called Genpact. Genpact employs 20,000 employees and GE remains a major customer. Genpact has recently expanded its business by purchasing the manufacturer of the Osprey drone. GE is also investing heavily in the wind industry, by supplying an 87-unit Haliade-X 14 MW wind turbines to Dogger Bank C.IBMInternational Business Machines is one of the largest companies in technology around the globe with its headquarters located in Armonk, New York. IBM provides hardware, software, and services to the IT industry. Additionally, it provides financing to assist its customers purchase of IT systems and software. In addition, it operates research laboratories around the world. The company's pioneering research goes 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 company's corporate vision statement reflects its commitment to leadership in the information technology industry and market. It declares that the company will offer top-quality services by creating business models that combine technology expertise and industry knowledge. It also focuses on customer success and value creation, which is key to its long-term success.In recent years, IBM expanded its services business. It also changed its name to a cloud computing platform and cognitive solutions company. IBM's software portfolio includes analytics-related products such as Cognos, SPSS and SPSS. It also provides IT infrastructure software like IBM WebSphere application servers and MQ messaging Middleware. It also provides 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 mainly to the shift in IT expenditures of corporate clients from on-premise facilities to central providers 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. In addition IBM has also invested heavily in cloud computing, and has a significant global footprint.AccentureAccenture is a leading provider of management consulting outsourcing, technology and management consulting in the world. Accenture has a number of strengths that give them a competitive advantage, including a deep expertise and knowledge of their industry, ingenuous technologies and strong partnerships with the top vendors.The company's business processes encompass marketing, procurement supply chain, learning and human resources, as well as finance. It is also in more than 120 countries. Accenture also offers a range of specific services in addition to its primary offerings. Accenture, for instance offers SAP S/4HANA and the rapid tracking of customer journeys in digital businesses. It also offers IT and security consulting services.In the past, companies have outsourced certain production functions to lower costs and increase their competitiveness. In the garment industry for instance, many production tasks have been outsourced to Asian countries. In recent times the majority of companies are focusing on the provision of services instead of product manufacturing. This has led to an increasing demand for professionals with experience of IT and digital services. The most appealing aspect is that these skills are transferable across industries.Accenture has a broad range of clients and is expanding its presence in key markets. Accenture's client list includes 91 Fortune Global 100 companies and more than three quarters Fortune Global 500. The company partners with companies like Apple, Google, Oracle and others to create innovative technology. Accenture for instance has partnered with SAP to create an intelligent platform that helps oil companies from upstream simplify their processes by using market standards. A group of major oil companies, such as BP and Equinor, is testing this solution. This partnership shows how companies are stepping away from traditional outsourcing to focus on services and innovation.MicrosoftMicrosoft is a renowned producer of operating systems and applications for personal computers. Microsoft's most popular products include its Windows software line, Office suite and Internet Explorer browser. The company has been accused of anti-competitive practices, monopoly and monopolistic behavior. In the 1990s, it began creating a complicated web of offshore entities to transfer intellectual property and cut taxes.If a client purchases Office in Seattle the money doesn't take the short route to Microsoft's headquarters in nearby Redmond. Instead, the money starts a long trek beginning with a sales subsidiary located in Nevada, which doesn't tax corporate income. offshore consultancy company across the Atlantic and is taxed by a Bermudan firm at a zero-percent rate.The money is then transferred to a Puerto Rican firm that pays for the research, and also gives a small amount to an Irish company. The company has employed similar structures to evade taxes in other countries, such as Britain and Germany. The software giant has saved billions of dollars in taxes by using this arrangement.Congress is now suing the software giant to change its offshore policy. The Senate Permanent Subcommittee on Investigations said that the company, as well as other tech companies, use offshore units and tax loopholes in order to avoid the payment of taxes. The panel is investigating claims of tax evasion and tax evasion of tech firms such as Google owner Alphabet and Apple which have transferred billions of dollars in profits into low-tax jurisdictions.The partnership between SSE Renewables, Avanade and the Netherlands' Ministry of Infrastructure is part of a larger project to improve the impact of wind farms on the environment. The collaboration will develop digital tools to better monitor the impact of wind farms on the local ecosystem. The tools will be utilized in an aquarium to improve wildlife identification and monitoring of abundance.