Companies That OffshoreOffshore outsourcing can be a powerful tool for businesses that need access to talent in a niche. It can also reduce the cost of labor, boost revenue and boost competitiveness of the company.Companies that outsource must be aware of their risks. Designing and manufacturing offshore, along with manufacturing can deprive a business of its engineering and design capabilities.TelstraTelstra has come a long way from its humble beginnings as a small, government-owned business. Today it is a large privatised telecommunications company with operations all over the world. It is also the largest provider of fixed line telephony services in Australia.The company's success is attributed to its innovative solutions and a strong investment strategy. In the early days when resources were scarce, the company invested heavily in new technology and saw that the telecommunications sector had tremendous potential for growth. This was a fantastic decision as it enabled the company to connect Australian cities both domestically and internationally. The company also was a pioneer in the use of mobile phones, which enabled people to keep in touch with their loved family members wherever they were.During the 90s, the company faced significant challenges, including deregulation and competition from rival companies. It was not content to remain passive and came up with a plan to adapt to these changes. It poured $200 billion into infrastructure and invested heavily in it. It also innovated and launched BigPond the first high-speed internet service for customers.It also cut its staff and outsourced certain tasks, which resulted in savings. In addition, it implemented a new organizational structure that divided roles into functional groups instead of a traditional hierarchy. This gave superior managers to exercise greater control over their areas of expertise.The company announced recently that it would bring its call centers back to Australia and that by 2021, its small business and consumer calls will be answered in Australia. Telstra has made a major move forward, and it will have a positive effect on its customers. However, the company will continue to run offshore call centers 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 large companies such as Employer's Reinsurance and Kidder Peabody. In the 1980s, GE's revenue rose from $5 billion to $70 billion. However, despite these achievements many analysts have wondered whether the company's growth was sustainable.GE is focusing its efforts on industrial technology as well as renewable energy, services and power. It has also invested into additive machines, 3-D printers that can be used to design products and parts. GE's finance arm also offers commercial leasing and lending.The GE washer-dryer is the top-selling product of the company. It has been in use in American homes for over 80 years. It was the very first machine to wash and tumble dry clothes. It was a revolutionary invention for households. GE manufactures not just appliances but also aircraft engines, medical devices, 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 which is where wages are lower than in the US. Its captive offshoring business, GE Capital International Services (GECIS), employed 12,000 employees in 2004. In 2005, GE spun off its stake in GECIS to create Genpact, a BPO company called Genpact. GE remains a major client of Genpact which has a staff of around 20,000 employees. Genpact has recently expanded its operations by buying the manufacturer of the Osprey drone. GE is also investing heavily in the wind industry through a deal to supply 87 of its Haliade-X 14MW wind turbines to Dogger Bank C.IBMInternational Business Machines (IBM) is one of the largest technology companies with its headquarters in Armonk, New York. IBM provides hardware, software, and services for the IT industry. Additionally, it provides financing options to help clients purchasing IT systems and software. It also runs research labs throughout the world. The company has a 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 corporate vision statement of the company is a reflection of its commitment to leading in the information technology industry and market. The corporate vision statement of the company 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 expanded its services business. It has also changed its name to cloud computing platform and cognitive solutions company. The software portfolio of IBM includes analytics-related offerings, such as Cognos and SPSS. It also offers IT infrastructure software like IBM WebSphere application servers and MQ messaging Middleware. It also offers mobile and security 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 declined due to an increase in 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 to expand its presence in these areas. offshore company has also made significant investments in cloud computing and has a global presence.AccentureAccenture is one of the top management consulting, technology services and outsourcing companies. The company has many strengths that give them a competitive edge, including deep experience and expertise in their industry, ingenuous technology solutions, and strong relationships with top vendors.The business processes of the company include procurement, marketing supply chain, learning and human resources, as well as finance. It also has a presence in more than 120 countries. In addition to its core offerings, Accenture offers a number of other specialized offerings. Accenture, for example, provides SAP S/4HANA and rapid tracking of customer journeys in digital businesses. It also offers security and IT consultancy services.Historically, companies have outsourced certain production functions to cut costs and improve their competitiveness. For instance, the clothing industry has outsourced a large portion of its production functions 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 who have experience in digital and IT services. These skills are also transferable across industries.Accenture has a wide 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. Accenture also works with companies like Apple, Google, and Oracle to create new technologies. Accenture for instance, has partnered up with SAP to create an intelligent platform solution that helps oil companies from upstream simplify their operations by utilizing 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 shows how companies are stepping away from traditional outsourcing to concentrate on innovation and services.MicrosoftMicrosoft is a renowned publisher of operating systems and applications for personal computers. The most well-known of its products are the Windows series of software and the Office suite, and the Internet Explorer web browser. But the company has also faced accusations of monopoly and anti-competitive behaviour. In the 1990s, the company began the creation of a complex web of offshore entities to transfer intellectual property and reduce tax payments.If a buyer purchases Office in Seattle however, the profits don't take the short route to Microsoft's headquarters in nearby Redmond. Instead, the money takes with a long journey beginning with an affiliate company located in Nevada that doesn't have to pay taxes on corporate income. Then, it crosses the Atlantic to the Bermudan company which is taxed at the island's zero percent rate.The money is transferred to a Puerto Rican company that accounts for research expenses and then passes a small portion to an Irish company. The company has utilized similar structures to avoid tax in other countries, including Britain and Germany. The software giant has saved billions of dollars in taxes through this arrangement.Congress is now suing the software giant to modify its offshore policy. The Senate Permanent Subcommittee on Investigations stated that the company and other technology companies use offshore units and loopholes to avoid paying taxes. The panel is investigating 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 larger initiative to reduce the environmental impact of wind farm development in the Netherlands. The partnership will create digital instruments to better assess the effect of a windfarm on the local ecosystem. The tools will be used in aquariums to improve the identification of wildlife and monitoring of abundance.