Companies That OffshoreOffshore outsourcing can be a valuable tool to help businesses find niche talent. It can also lower cost of labor, increase the company's revenue, and boost its competitiveness.However, companies that offshore have to be aware of the risks that come with. Manufacturing and design can be transferred offshore together and can deprive a company of its design and engineering capabilities.TelstraTelstra has grown tremendously since its humble beginnings in early 1990s when it was a government-owned small company. Today it is a large private telecommunications firm 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 an effective investment strategy. In the beginning when resources were scarce, the company invested heavily in new technologies and recognized that the telecommunications industry had huge growth potential. This was a smart move as it allowed the company to connect Australian cities both domestically and internationally. The company also pioneered the mobile phone, allowing people to stay connected with their loved ones regardless of where they were.In the 1990s, the company was faced with many challenges, like regulation and competition from rival companies. However, it refused to be idle and came up with innovative strategies to deal with these changes. For example, it invested heavily in infrastructure and has spent $200 billion to improve its services. It also came up with a new idea and launched BigPond, a high-speed internet service for users.It also reduced its workforce and outsourced a few of its functions, which resulted in cost savings. Additionally, it introduced an organizational structure that separated roles into functional groups rather than an traditional hierarchy. This allowed superior managers to exercise greater control over their area of expertise.Recently, Telstra announced that it would bring its call centers back to Australia and that, by 2021, all its consumer and small business calls will be answered in Australia. This is a major leap forward for Telstra, and it will likely benefit its customers. However Telstra will continue to run offshore call centers 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. In this period the company's revenues grew from $5 billion to $70 billion. Despite these gains analysts have been unsure if the company's growth is sustainable.GE is focusing its efforts on industrial technology, services, renewable energy and power. It has also invested in additive machines, 3D printers which can be used to design products and components. Additionally, GE's financial arm provides commercial lending and leasing.The company's most popular product is the GE washer and dryer, which has been in use in American homes for more than 80 years. companies offshore was the first machine that could wash and dry clothes, making it an innovative invention for families. In addition to its appliances, GE also manufactures aircraft engines, medical equipment and power turbines. In the future, GE is planning to expand its digital business, which includes cybersecurity software for commercial use and technologies from Wurldtech.GE also offshores its most important business processes in India which is where wages are much cheaper than in the US. In 2004 GE Capital International Services, its offshoring company that is owned by GE employed over 12,000 workers. In 2005, GE spun off its stake in GECIS to create Genpact, a BPO company called Genpact. GE remains a major customer of Genpact, which now employs more than 20,000 people. The company recently diversified by buying the manufacturer of the Osprey Drone. GE is also investing heavily in the wind industry through a deal to supply 87 of its Haliade-X 14 MW wind turbines to Dogger Bank C.IBMInternational Business Machines (IBM) is one of the world's largest technology companies with its headquarters in Armonk, New York. The company provides hardware, software and other services for the IT industry. It also offers loans to help clients purchase IT systems and software. Additionally, it has 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 corporate vision statement of the company reflects its commitment towards leadership in the industry and market for information technology. The corporate vision statement of the company declares that it will provide high-quality service by combining technology expertise with business model innovation. It also focuses on customer satisfaction and value creation, which is important factor in its long-term success.In recent years, IBM expanded its services business. It also changed its name to a cloud computing platform and a cognitive solutions company. IBM's software portfolio includes analytics-related products such as Cognos, SPSS and SPSS. It also offers IT infrastructure software, including the IBM WebSphere application server 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 hardware division of IBM has been in decline in recent years, due mainly to the shift in IT expenditures of corporate clients from on-premise facilities to central operators such as Amazon Web Services. IBM has focused on its business consulting and services businesses and has made several acquisitions to expand their presence in these fields. The company has also invested heavily in cloud computing and has a worldwide footprint.AccentureAccenture is a leading provider of management consulting, technology and outsourcing services around the globe. Accenture has a range of strengths that make it an advantage, including extensive industry knowledge and expertise of cutting-edge technology solutions, strong partnerships with the top technology providers, and global reach and scale.The company's business processes include marketing, procurement and supply chain, as well as learning and human resources, as well as finance. Accenture is also present in more than 120 countries. In addition to its core offerings, Accenture offers a number of other services that are specialized. For example, it offers SAP S/4HANA development and speed-tracking customer journeys to digital businesses. It also offers security and IT consulting services.In the past, companies have outsourced some production processes to lower costs and increase competitiveness. For instance, the apparel industry has outsourced many of its production processes to Asian countries. In recent times, more and more companies are focusing on providing services instead of product production. This shift has led to a growing demand for professionals with expertise in digital and IT services. The best part is that these skills are transferable across different industries. company offshore offers a variety of clients and is growing its presence in the most important markets. Accenture's client list includes 91 Fortune Global 100 companies and more than three quarters Fortune Global 500. The company also partners with companies such as Apple, Google, and Oracle to develop new technologies. Accenture, for example, has partnered up with SAP to develop an intelligent platform that helps upstream oil companies simplify their processes by using market standards. A consortium of major oil companies, including BP and Equinor, is testing this solution. This collaboration illustrates how companies are moving away from traditional outsourcing and instead focusing on innovation and services.MicrosoftMicrosoft is a renowned publisher of operating systems and software for personal computers. The most well-known products of Microsoft include its Windows software line, Office suite and Internet Explorer browser. The company has been accused of unfair competition, monopoly practices and unconstitutional behavior. In the 1990s, it started the creation of a complex web of offshore entities to transfer intellectual property and cut taxes.If a client purchases Office in Seattle however, the profits don't travel the short distance to Microsoft's headquarters in nearby Redmond. Instead, the money begins with a long journey, first through a sales subsidiary located in Nevada, which doesn't tax corporate income. The money then travels across the Atlantic and is taxed by a Bermudan firm at a zero percent rate.The funds are then sent to an Puerto Rican firm that pays for the research and then gives some of the proceeds to an Irish company. company offshore has utilized similar structures in other countries, including Britain and Germany. The software giant has saved billions in taxes by using this arrangement.Congress is now suing the software giant to modify its offshore policy. The Senate Permanent Subcommittee on Investigations stated that the company and other tech companies employ offshore units and loopholes to avoid paying taxes. The panel is investigating claims that tech firms, 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 wider project to improve 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 eco-system. The tools will be utilized in aquariums to enhance wildlife identification and monitoring of abundance.