Companies That OffshoreOffshore outsourcing can be an effective tool to help businesses find the best talent in their niche. It can also reduce the cost of labor, boost revenue and increase competitiveness of companies.However, companies that offshore have to be aware of the potential risks associated with. Designing and manufacturing offshore, along with manufacturing could deprive a company of its engineering and design capabilities.TelstraTelstra has grown tremendously from its humble beginnings in the early 1990s when it was a government-owned small company. It has grown into a major telecoms company with operations all over the globe. It is also the largest provider of fixed line telephone service in Australia.The company's success is due to its innovative solutions and a strong investment strategy. In the beginning when resources were limited, the company invested heavily in new technologies and recognized that the telecommunications sector had tremendous potential for growth. This was a smart decision, as it allowed the company to connect Australian cities domestically and internationally. The company was also a pioneer in the use of mobile phones, which enabled people to keep in touch with their loved family members wherever they were.In the 1990s, the company was faced with numerous challenges, including regulation and competition from competitors. It refused to be passive and came up with a plan to adapt to these changes. For company offshore , it invested heavily in infrastructure and invested $200 billion to improve its services. It also innovated and launched BigPond the first high-speed internet service for consumers.It also reduced its workforce and outsourced certain functions, which resulted in savings in costs. It also introduced an organization structure that separated roles into functional groups rather than a traditional hierarchical system. This allowed senior managers to have more control over their areas of expertise.Recently, the company announced that it will be bringing its call centers back to Australia, and that by 2021, all of its consumer and small business calls will be answered in the country. Telstra has taken a significant step forward, and this will have a positive effect on its customers. However, the company will continue to operate offshore call centers for its major international business customers.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 such as Employer's Reinsurance and Kidder Peabody. The company's revenue grew from $5 billion to more than $70 billion during this period. Despite these successes, analysts have questioned if the company's growth is sustainable.GE is focusing its efforts on industrial technology and services, renewable energy and power. It has also invested into additive machines, 3D printers which can be used to design products and components. In addition the financial arm of GE offers commercial credit and leasing.The GE washer-dryer is the top-selling product of the company. It has been used in American homes for more than 80 years. It was the very first machine that could automatically wash and dry clothes. This was a groundbreaking invention in the world of household. In offshore company to its appliances, GE also manufactures aircraft engines, medical equipment, and power turbines. In the near future, GE is planning to expand its digital business, which includes commercial software and cybersecurity technologies from Wurldtech.GE also offshores its major business processes in India which is where wages are cheaper than in the US. The company that is its captive offshoring subsidiary, GE Capital International Services (GECIS) employed 12,000 employees in 2004. In 2005, GE sold its stake in GECIS and made it a standalone BPO called Genpact. Genpact has 20,000 employees, and GE is still a major client. Genpact recently expanded its operations by buying the maker of the Osprey drone. GE is also investing heavily in the wind sector, with 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 largest technology companies with its headquarters in Armonk, New York. The company provides hardware software, as well as services to the IT industry. Additionally, it provides financing to assist its customers purchasing IT systems and software. Additionally, it has research laboratories around the world. The company has a rich history of innovative research dating back to the 1880s, when Julius E. Pitrat patented the computing scale, Alexander Dey invented the dial recorder, and Herman Hollerith created a tabulating machine.The corporate vision declaration of the company demonstrates its commitment towards leadership in the industry and market for information technology. The company's corporate vision statement declares that it will provide high-quality service by combining technology expertise with business model innovation. It also puts a high 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 changed its name to a cloud computing platform and a cognitive solutions company. IBM's software portfolio includes analytics products like Cognos, SPSS 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, the company's hardware sales have decreased due to a shift in corporate IT expenses from on-premises systems to centralized providers like Amazon Web Services. In the meantime, IBM has focused on its services and business consulting 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 large global presence.AccentureAccenture is one of the world's leading management consulting outsourcing, technology services, and outsourcing companies. Accenture has many strengths that give them an competitive edge, including deep experience and expertise in their field, innovative technology solutions, and strong relationships with leading vendors.The company's business processes include marketing, procurement, supply chain, learning human resources, finance. It also has a presence in more than 120 countries. In addition to its core services, Accenture offers a number of other specialized offerings. For instance, it offers SAP S/4HANA development as well as fast-tracking customer journeys to digital businesses. It also offers IT and security services.In the past, companies have outsourced some production processes to lower costs and increase competitiveness. For instance, the garment industry has outsourced a large portion of its production functions to Asian countries. But recently the majority of companies are focusing on the provision of services instead of product manufacturing. This shift has resulted in an increasing demand for professionals with experience of digital and IT services. The best part is that these skills are transferable across different 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 of Fortune Global 500. The company also partners with companies such as Apple, Google, and Oracle to develop new technologies. For example, Accenture has partnered with SAP to create an intelligent platform solution that helps upstream oil and gas companies cut down on the complexity of their operations by using market standards. A group of major oil companies, such as BP and Equinor is currently testing this solution. This partnership shows how companies are stepping away from traditional outsourcing to focus on services and innovation.MicrosoftMicrosoft is one of the world's most successful producers of operating systems and application software for personal computers. The most well-known of its products are the Windows line of software, the Office suite and Internet Explorer web browser. However, the company has faced accusations of monopoly and anti-competitive behavior. In the 1990s, it set up the foundation of a network of offshore entities to transfer intellectual property and cut down on tax payments.When a customer purchases Office in Seattle, Microsoft's headquarters aren't in Redmond. Instead the money travels on an extended journey. The money is an extended journey beginning with a Nevada sales subsidiary, which does not tax corporate income. The money then crosses the Atlantic and is taxed by a Bermudan firm at a zero-percent rate.The funds are then sent to a Puerto Rican firm that pays for the research, and also gives a small portion to an Irish company. The company has employed similar structures to evade taxes 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 challenge from Congress to alter its offshore strategy. The Senate Permanent Subcommittee on Investigations said that the company, together with other technology firms, employ offshore units and tax loopholes in order to avoid the payment of taxes. The committee is investigating allegations that tech firms, like Alphabet which is the parent company of Google and Apple have been evading taxes by shifting billions of dollars in profits to low tax jurisdictions.The partnership between SSE Renewables and Avanade is part of a larger initiative to reduce the environmental impact of wind farms in the Netherlands. The collaboration will create digital tools that will better evaluate the impact of wind farms on the local ecosystem. The tools will be utilized in aquariums to improve wildlife identification and abundance monitoring.