Companies That OffshoreOffshore outsourcing is a powerful tool for companies that require access to niche talent. It can also reduce costs for labor, boost revenues and increase competitiveness of companies.However, companies that offshore have to be aware of the risks involved. Manufacturing and designing can be transferred offshore together and can deprive the company of its design and engineering capabilities.TelstraTelstra has grown tremendously since its humble beginnings in the early 1990s, when it was a state-owned small company. It is now a massive telecoms company with operations all over the world. It is also the biggest provider of fixed line telephony services in Australia.The company's success can be attributed to its innovative solutions and strong investment strategy. When resources were scarce in the beginning The company made a significant investment into the latest technology, and recognized that the telecommunications sector had a huge growth potential. This was a smart decision, as it allowed the company to connect Australian cities both domestically and internationally. offshore company developed the first mobile phone, which allowed people to remain connected to their loved ones regardless of where they were.In the 90s, the company faced significant challenges, including the deregulation of its operations and competition from rival companies. However, it refused to remain in a rut and devised aggressive plans to respond to these changes. It invested $200 billion in infrastructure and heavily invested in it. It also re-innovated by the launch of BigPond - a high speed internet service for consumers.It also cut its workforce and outsourced certain functions, which resulted in savings in costs. It also adopted a new organization structure that divided roles into functional groups, instead of the traditional hierarchical structure. This allowed senior managers to gain more control over their expertise areas. company offshore announced that it is bringing its call centers back to Australia and that by 2021, its small business and consumer calls will all be answered in Australia. Telstra has taken a significant move forward, and it will have a positive impact on its customers. However, the company will continue to run offshore call centres for its largest 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 major companies such as Employer's Reinsurance and Kidder Peabody. In the 1980s the company's revenue grew from $5 billion to $70 billion. Despite these gains analysts have been unsure if the company's growth is sustainable.GE focuses its efforts on industrial technology as well as renewable energy, services and power. It has also invested in additive machines, 3-D printers that can be used to create products and components. GE's finance arm also offers commercial lending and leasing.The GE washer-dryer is the top-selling product of the company. It has been used in American homes for over 80 years. It was the first appliance that could be used to wash and dry clothes, which is an innovative invention for families. GE manufactures not just appliances, but also medical devices, aircraft engines, and generators of power. GE plans to expand its digital business in the coming years. This includes commercial software from Wurldtech and cybersecurity technologies.GE also offshores its most important business processes and its major business processes to India in a country where wages are much 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. GE remains a big client of Genpact, which now employs 20,000 people. Genpact recently expanded its business by acquiring the maker of the Osprey drone. GE is also investing heavily in the wind industry, 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 world's biggest technology companies, headquartered in Armonk, New York. The company offers hardware, software and services for the IT industry. It also offers loans to help clients acquire IT systems and software. Additionally, it runs research labs across the globe. The company's groundbreaking 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. The corporate vision statement states that it will deliver quality service by combining technological expertise with business model innovation. It also puts a top priority on customer satisfaction and value creation since it is essential to its success over the long run.In recent years, IBM has expanded its services business and recast itself as an cognitive solutions and cloud computing platform company. The software portfolio of IBM includes analytics offerings including Cognos and SPSS. It also provides IT infrastructure software, including the IBM WebSphere application server and MQ messaging middleware. It also offers security and mobile software such as the IBM Verse business email offering and the IBM QRadar security intelligence platform.In recent years, the company's hardware sales have decreased due to the shift in corporate IT expenses from on-premises systems to centralized providers such as Amazon Web Services. In the meantime, IBM has focused on its business consulting and services businesses and has made a number of acquisitions to increase its presence in these areas. IBM has also invested heavily in cloud computing and has a global presence.AccentureAccenture is a top provider of management consulting, technology and outsourcing services across the globe. The company has many strengths that give them an competitive edge, including deep knowledge and expertise in their industry, innovative technology solutions, and strong relationships with leading vendors.Marketing, procurement, supply chains as well as learning and human resource management and finance are all a part of the company's procedures. It is also present in more than 120 countries. Accenture also provides a range of specializations in addition to its standard offerings. Accenture, for instance, provides SAP S/4HANA and rapid tracking of customer journeys in digital businesses. It also provides IT and security consulting services.In the past, companies have outsourced a few production functions to cut costs and increase competitiveness. For instance, the clothing industry has outsourced a lot of its production functions to Asian countries. But recently the majority of companies are focusing on providing services instead of production. This shift has led to an increasing demand for professionals with experience in digital and IT services. The most appealing aspect is that these skills are transferable across industries.Accenture has many clients and is expanding in key markets. Accenture's client list includes 91 Fortune Global 100 companies and more than three quarters of the Fortune Global 500. Accenture also collaborates with companies such as Apple, Google, and Oracle to create new technologies. 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 consortium of major oil companies, including BP and Equinor, is testing this solution. This partnership demonstrates how companies are stepping away from traditional outsourcing to focus on services and innovation.MicrosoftMicrosoft is among the most popular publishers of operating systems and application 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 monopoly, anti-competitive practices and the use of monopoly. In the 1990s, it began the creation of a complex web of offshore entities to transfer intellectual property and lower taxes.When a client buys Office in Seattle Microsoft's headquarters are not located in Redmond. Instead, the money takes an extensive journey. Instead, the money begins an extended journey beginning with a sales subsidiary located in Nevada, which doesn't tax corporate income. The money then travels across the Atlantic and is taxed by the Bermudan firm at a zero-percent rate. offshore companies is then sent to an Puerto Rican firm that pays for the research, and also gives some of the proceeds to an Irish company. The company has used similar structures to evade taxes 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 change its offshore policy. The Senate Permanent Subcommittee on Investigations has said that the company, along with other technology companies use offshore units and loopholes to avoid paying taxes. The panel is investigating allegations that tech firms, such as Alphabet which is the parent company of Google, and Apple have been evading tax by shifting billions of dollars in profits to tax-free jurisdictions that are not as high.The partnership between SSE Renewables, Avanade and the Netherlands Ministry of Infrastructure is part of a larger plan to reduce the impact of wind farms on the environment. The partnership will develop digital instruments to better monitor the effect of a windfarm on the local eco-system. The tools will be tested in an aquarium and are expected to enhance the identification of wildlife, abundance monitoring and analysis of distribution.