Companies That OffshoreOffshore outsourcing is a powerful tool for companies that require access to niche talent. It can also reduce the cost of labor, boost revenue and boost competitiveness of the company.Outsourcing companies must be aware of the risks. Manufacturing and design can be moved offshore together and can deprive a company of its design and engineering capabilities.TelstraTelstra has progressed a lot from its humble beginnings in the form of a small, government-owned business. It has grown into a major telecoms company with operations all over the globe. It is also the biggest provider of fixed line telephony in Australia.The company's success can be attributed to its innovative solutions and a strong investment strategy. In the early days, when resources were limited, the company sunk heavily in the latest technology and realized that the telecommunications industry had enormous growth potential. This was a fantastic move because it allowed the company to connect Australian cities both locally and internationally. The company was also the first in the field of mobile phones, which allowed people to remain in touch with their loved ones wherever they were.During the 90s, the company faced major challenges, including the deregulation of its operations and competition from competitors. companies that offshore refused to sit back and devised aggressive strategies to adapt to these changes. It spent $200 billion on infrastructure and heavily invested in it. It also innovated by the introduction of BigPond - a high speed internet service for consumers.It also reduced its workforce and outsourced a few of its tasks, which led to cost savings. In addition, it implemented an organizational structure that divided roles into functional groups instead of the traditional hierarchy. This allowed managers at the top to be more in control of their areas of expertise.Recently, the company announced that it will be bringing its call centres back to Australia and that, by 2021, all its consumer and small business calls will be answered in Australia. This is a big step forward for Telstra and is likely to have a positive impact on its customers. Telstra will continue to operate offshore call centers for its largest international clients.GEThomas Edison founded General Electric in 1892. It 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 successes however, analysts have raised doubts about whether the company's growth is sustainable.GE focuses its efforts on industrial technology, services, renewable energy and power. It has also invested in additive machines, 3D printers which can be used to create parts and products. The finance department of GE also provides commercial lending and leasing.The GE washer-dryer is the company's best-selling product. It has been used in American homes for more than 80 years. offshore company consultant was the very first machine to automatically wash and dry clothes. This was a groundbreaking invention in households. GE manufactures not only 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 outsources its main business processes to India, where wages are cheaper than in the US. In 2004 GE Capital International Services, its captive offshoring firm employed 12,000 people. In 2005, GE spun off its stake in GECIS to create a BPO company called Genpact. Genpact employs 20,000 people and GE is still a major client. Genpact recently expanded its business by acquiring the manufacturer of the Osprey drone. GE is also investing heavily in the wind sector, by supplying the Haliade-X 14MW 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, as well as services to the IT industry. It also offers financing to help its clients acquire IT systems and software. It also has research labs around the globe. The company has a long history of research that has been innovative 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 statement of the company reflects its commitment to leadership in the market and industry for information technology. The company's corporate vision statement states that it will deliver quality service by combining technological expertise with business model innovation. It is also focused on customer satisfaction and value creation, which is a crucial element to its long-term success.In recent years, IBM expanded its services business. It also changed its name to cloud computing platform and a cognitive solutions company. The company's software lineup includes analytics offerings including Cognos and SPSS. It also offers IT infrastructure software, such as IBM WebSphere application servers and MQ messaging Middleware. It also offers security and mobile applications which includes the IBM Verse business email offering and the IBM QRadar security intelligence platform.The hardware division of IBM has been in decline in recent years due to the shift in corporate IT spending from on-premise facilities to centralized companies like Amazon Web Services. IBM has focused on its business consulting and service businesses and has made several acquisitions to boost their reach in these areas. In addition IBM has also invested heavily in cloud computing, and has a large global footprint.AccentureAccenture is one of the most renowned management consulting, technology services and outsourcing companies. Accenture has a variety of strengths that provide it with a competitive advantage, including extensive industry knowledge and expertise of cutting-edge technologies, strong partnerships with the top technology providers and a global reach and scale.The company's business processes encompass marketing, procurement, supply chain, learning human resources, finance. offshore consultancy company is also present in more than 120 countries. Accenture also offers a range of specializations in addition to its primary offerings. For instance, it offers SAP S/4HANA development and fast-tracking customer journeys to digital businesses. It also offers IT and security consulting services.Historically, companies have outsourced certain production functions to lower costs and increase their competitiveness. In the garment industry for instance, many production functions have been outsourced to Asian countries. In recent times increasing numbers of companies are focusing on services instead of product production. This has led to an increasing demand for professionals with expertise in IT and digital services. These skills can be transferred across industries.Accenture has a wide range of clients and is expanding its reach in 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 like 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 complexity using market standards. The solution is currently being tested by a consortium of major oil and gas companies including BP, Chevron, ConocoPhillips and Equinor. This partnership is a demonstration of how companies are moving away from traditional outsourcing and focusing instead on services and innovations.MicrosoftMicrosoft is among the world's most successful producers of operating systems and applications for personal computers. Its best-known products include the Windows series of software as well as the Office suite, and the Internet Explorer web browser. However, the company has been accused of monopoly and anti-competitive behavior. In the 1990s, it set up an elaborate network of offshore companies in order to transfer intellectual property and reduce taxes.When a customer purchases Office in Seattle, Microsoft's headquarters are not in Redmond. Instead, the money takes a long journey. The money is an extended journey, first going through a Nevada sales subsidiary, which doesn't tax corporate income. Then, it crosses the Atlantic to an Bermudan company, where it's finally taxed at the island's zero-percent rate.The funds are then sent to an Puerto Rican firm that pays for the research and then gives a small portion to an Irish company. The company has used structures similar to this in other countries like Britain and Germany. The software giant has saved billions of taxes by using this arrangement.Congress is now challenging the software giant to modify its offshore policy. The Senate Permanent Subcommittee on Investigations said that the company, together with other technology companies, use offshore units and tax loopholes to avoid payment of taxes. The panel is investigating claims of tax evasion and tax evasion of tech firms, including Google owner Alphabet and Apple, who have shifted billions of dollars in profits to tax-free jurisdictions.The partnership between SSE Renewables and Avanade is part of a wider project to improve the environmental impact of wind farms in the Netherlands. The collaboration will develop digital tools to better monitor the impacts of wind farms on the local ecosystem. The tools will be tested in an aquarium and are expected to enhance wildlife identification, abundance monitoring and distribution analysis.