Companies That OffshoreOffshore outsourcing can be a powerful tool for companies that require access to niche talent. It can also lower the cost of labor, boost revenue, and increase company competitiveness.However, companies that offshore have to be aware of the potential risks that come with. Designing and manufacturing could be moved offshore in tandem and rob companies of their engineering and designing capabilities.TelstraTelstra has made significant strides from its humble beginnings in early 1990s as a government-owned small business. It has grown into a major telecoms company with operations all over the globe. It is also Australia's largest fixed-line telephony provider.The company's success can be attributed to its innovative solutions and strong investment strategy. In the midst of a shortage of resources in the early years, the company invested heavily into new technology, and realized that the telecommunications sector was a great growth area. This was a great move as it allowed the company to connect Australian cities domestically and internationally. The company was also a pioneer in the field of mobile phones, which enabled people to remain connected to their loved loved ones wherever they were.In the 1990s, the company was faced with numerous challenges, including the deregulation of the industry and competition from competitors. However, it was not content to remain idle and came up with ambitious plans to address these changes. It invested $200 billion in infrastructure and heavily invested in it. It also innovated and launched BigPond the first high-speed internet service for customers. company offshore reduced its staff and outsourced some functions, resulting in savings. Additionally, it introduced an organizational structure that divided roles into functional groups rather than the traditional hierarchy. This gave the top 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 small and consumer calls will be answered in Australia. Telstra has made a major step forward, and this will have a positive impact on its customers. However, the company will continue to run offshore call centres for its largest international business customers.GEThomas Edison founded General Electric in 1892. It quickly became one of America's most profitable companies. In the 1980s, GE acquired several large 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 however, analysts have raised doubts about whether GE's success is sustainable.Presently, GE is focusing on industrial technology and services including renewable energy, medical and power. It has also invested in additive machines, or 3-D printers, which can be used to make new products and parts. GE's finance arm also offers commercial leasing and lending.The most well-known item of the company is the GE washer and dryer that has been in use in American homes for more than 80 years. It was the first appliance that could be used to wash and dry clothes, which is an amazing invention for household use. In addition 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 offshoring its major business processes in India which has wages lower than those in the US. In 2004 GE Capital International Services, its offshoring company that is owned by GE, employed 12,000 employees. In 2005, GE spun off its stake in GECIS to create a BPO company named Genpact. GE remains a big client of Genpact which employs more than 20,000 people. Genpact recently expanded its operations by buying the manufacturer of the Osprey drone. company offshore 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 is one of the largest technology companies around the globe, with its headquarters in Armonk, New York. The company provides hardware, software, and services for the IT industry. In addition, it offers financing to assist its customers' acquisition of IT systems and software. It also runs research labs throughout the world. The company has a long history of research that has been innovative dating 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 company's corporate vision statement highlights its commitment to being a leader in the information technology industry and market. The company's corporate vision statement states that it will deliver high-value service by combining technology expertise with business model innovation. It is also focused on customer satisfaction and value creation, which is crucial element to its long-term success.In recent years, IBM has expanded its services division and rebranded itself as a cognitive solutions and cloud computing platform company. IBM's software portfolio includes products for analytics like 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, including the IBM Verse business-email offering and the IBM QRadar platform for security intelligence.In recent years, the company's hardware sales have declined due to a shift in corporate IT expenses from on-premises facilities to central operators like Amazon Web Services. In the meantime, IBM has focused on its business consulting and services businesses and has made a number of acquisitions in order to increase its presence in these areas. IBM has also invested heavily in cloud computing and has a worldwide footprint.AccentureAccenture is among the top management consulting outsourcing, technology services, and outsourcing companies. Accenture has a number of strengths that give them a competitive advantage, including a deep knowledge and expertise in their field, innovative technology solutions, and strong relationships with the top vendors.The company's business processes encompass procurement, marketing supply chain, learning, human resources, and finance. Accenture is also present in more than 120 different countries. Accenture also offers a variety of specialized services in addition to its core offerings. For example, it offers SAP S/4HANA development and fast-tracking customer journeys to digital businesses. It also offers IT and security consulting services.In the past, businesses have outsourced a few production functions in order to cut costs and increase competitiveness. For instance, the apparel industry has outsourced a lot of its production processes to Asian countries. However, in recent years increasing numbers of companies are focusing on the provision of services instead of production. This has led to an increasing demand for professionals with experience in digital and IT services. offshore companies can be transferred across industries.Accenture has many clients and is expanding its reach in key markets. The client base includes 91 of the Fortune Global 100 and more than three-quarters of the Fortune Global 500. The company partners with companies such as Apple, Google, Oracle, and others to develop innovative technology. For example, Accenture has partnered with SAP to create an intelligent platform solution that helps upstream oil and gas companies reduce complexity using market standards. This solution is being tested by a consortium 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 innovation and services.MicrosoftMicrosoft is among the world's most successful manufacturers of operating systems and application programs for personal computers. The most well-known products are the Windows series of software and the Office suite and Internet Explorer web browser. But the company has also been accused of monopoly as well as anti-competitive behavior. In the 1990s, it began the creation of a complex web of offshore entities to transfer intellectual property and lower tax payments.If a client purchases Office in Seattle, the profit doesn't go to Microsoft's headquarters in nearby Redmond. The money is a long journey, first going through a Nevada sales subsidiary, which does not tax corporate income. It then crosses the Atlantic to an Bermudan company, where it's finally taxed at Bermuda's zero-percent rate.The funds are transferred to a Puerto Rican company that accounts for research costs and passes a small slice to an Irish firm. The company has used structures similar to this in other countries like Britain and Germany. The software giant has saved billions in taxes through this arrangement.The software giant is facing a challenge from Congress to change its offshore strategy. The Senate Permanent Subcommittee on Investigations stated that the company, as well as other tech companies, utilize offshore units and tax loopholes to avoid paying of taxes. The panel is investigating tax evasion by tech companies which include Google owner Alphabet and Apple which have transferred billions of dollars in profits to tax-free jurisdictions.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 impact of wind farms on the local eco-system. The tools will be utilized in aquariums to improve wildlife identification and monitoring of abundance.