Companies That OffshoreOffshore outsourcing can be a powerful tool for businesses that need access to specialized talent. It can also help lower labor costs, improve revenues, and boost competitiveness.Outsourcing companies must be aware of the risks. Manufacturing and design can be transferred offshore together, which can rob a company of its design and engineering capabilities.TelstraTelstra has grown tremendously from its humble beginnings in early 1990s as a government-owned small business. Today it is a huge privatised telecommunications company with operations across the globe. It is also Australia's biggest fixed-line telephony service provider. offshore company of the company is due to its solid investment strategy and innovative solutions. In the early days, when resources were scarce, the company invested heavily in new technology and realized that the telecommunications sector had tremendous growth potential. This was a smart move, as it enabled the company to connect Australian cities across the country and internationally. The company also was a pioneer in the use of mobile phones, which enabled people to keep in touch with loved family members wherever they were.During the 1990s, the company faced many challenges, such as the deregulation of the industry and competition from competitors. It refused to sit back and devised aggressive strategies to adapt to these changes. For instance, it sunk heavily in infrastructure and invested $200 billion to enhance its services. It also innovated by the launch of BigPond - a high speed internet service for users.It also cut its workforce and outsourced some of its tasks, which led to savings in costs. In addition, it implemented an organization structure that divided roles into functional groups rather than an traditional hierarchy. This gave superior managers to exercise greater control over their area of expertise.Recently, Telstra announced that it will be bringing its call centres back to Australia, and that by 2021, all of its consumer and small business calls will be answered in Australia. This is a big improvement for Telstra and is likely to have a positive impact on its customers. However Telstra 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. GE's revenues increased from $5 billion to more than 70 billion dollars during this time. Despite these achievements, analysts have questioned if the company's growth is sustainable.GE is focusing its efforts on industrial technology as well as renewable energy, services and power. It has also invested in additive machines, or 3-D printers, which can be used to create new products and parts. 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 first device that could wash and dry clothes, making it a revolutionary invention for households. In addition to its appliances, GE also manufactures aircraft engines, medical equipment, and power turbines. GE plans to expand its digital business in the coming years. This includes commercial software from Wurldtech and cybersecurity technologies.GE also offshoring its major business processes in India which has wages cheaper than in the US. In 2004 GE Capital International Services, its own offshoring company employed over 12,000 workers. In 2005, GE sold its stake in GECIS and made it a separate BPO known as Genpact. Genpact has 20,000 employees, and GE remains a major customer. Genpact recently expanded its business by purchasing the maker of the Osprey drone. GE has also made significant investments in the wind industry, with a contract to supply 87 Haliade-14 MW wind turbines from Dogger Bank C.IBMInternational Business Machines (IBM) is one of the world's biggest technology companies with its headquarters in Armonk, New York. The company provides hardware, software and services for the IT industry. In addition, it offers financing to facilitate its clients purchase of IT systems and software. Additionally, it has research laboratories around the world. 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 an instrument for tabulating.The company's corporate vision statement reflects its commitment to leadership in the information technology industry and market. It states that the company will deliver high-value services by creating business models that combine technology expertise and industry knowledge. It also places a high importance on customer satisfaction and value creation as it is the key to its success in the long run.In recent years, IBM has expanded its services business and redefined itself as a cognitive solutions and cloud computing platform company. The company's software lineup includes analytics products, such as Cognos and SPSS. It also offers IT infrastructure software, including the IBM WebSphere application server and MQ messaging middleware. It also provides mobile and security software, including the IBM Verse business email offering and the IBM QRadar security intelligence platform.In recent years, the company's hardware sales have slowed due to a shift in corporate IT spending from on-premises facilities to centralized companies such as Amazon Web Services. In the meantime, IBM has focused on its business consulting and services businesses, and has made a variety of acquisitions to expand its presence in these areas. The company has also made significant investments in cloud computing and has a global presence.AccentureAccenture is among the top management consulting outsourcing, technology services and outsourcing companies. Accenture has a variety of strengths that make it an advantage that include deep industry expertise and knowledge, innovative technology solutions, strong partnerships with top technology companies as well as global scale and reach.The company's business processes encompass procurement, marketing and supply chain, as well as learning human resources, finance. Accenture is also present in more than 120 countries. In addition to its core offerings, Accenture offers a number of other specialized offerings. For instance, it provides SAP S/4HANA development and speed-tracking customer journeys to digital businesses. It also provides IT and security consulting services.In the past, companies have outsourced certain production processes to lower costs and increase competitiveness. For instance, the clothing industry has outsourced a large portion of its production functions to Asian countries. In recent times, more and more companies are focusing on providing services instead of production. This has led to a growing demand for professionals with experience in IT and digital services. These skills can be transferred across industries.Accenture has a wide range 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 of the Fortune Global 500. The company also partners with companies such as Apple, Google, and Oracle to create new technologies. For example, Accenture has partnered with SAP to develop an intelligent platform solution that helps upstream oil and gas companies cut down on complexity using market standards. The solution is currently being tested by a group of major oil and gas firms, including BP, Chevron, ConocoPhillips, and Equinor. This partnership shows how companies are moving past traditional outsourcing to focus on services and innovation.MicrosoftMicrosoft is a leading producer of operating systems and programs for personal computers. The most well-known products are the Windows series of software as well as the Office suite, and the Internet Explorer web browser. The company has been accused of monopoly, anti-competitive practices and unconstitutional behavior. In the 1990s, the company began the creation of a complex web of offshore entities to transfer intellectual property and lower tax payments.If a buyer purchases Office in Seattle, the profit doesn't travel the short distance to Microsoft's headquarters in nearby Redmond. Instead, the money begins with a long journey beginning with a sales subsidiary located in Nevada, which doesn't tax corporate income. The money then crosses the Atlantic and is taxed by an Bermudan firm at a zero-percent rate.The funds are transferred to a Puerto Rican company that accounts for research costs and passes some of the proceeds to an Irish company. The company has utilized structures similar to this in other countries, including Britain and Germany. The software giant has saved billions of dollars in tax due to this arrangement.Congress is now challenging the software giant to alter its offshore policy. The Senate Permanent Subcommittee on Investigations stated that the company, as well as other tech firms, employ 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, who have shifted billions in profits to low-tax jurisdictions.The partnership between SSE Renewables and Avanade is part of a wider project to reduce the environmental impact of wind farms in the Netherlands. The partnership will develop digital tools to better assess the impacts of wind farms on the local ecosystem. The tools will be utilized in an aquarium to improve wildlife identification and abundance monitoring.