Companies That OffshoreOffshore outsourcing is a powerful tool for businesses that need access to niche talent. It can also reduce labor costs, improve revenues, and boost competitiveness.However, companies who offshore should be aware of the potential risks associated with. Moving design offshore and manufacturing can deprive a firm of its design and engineering capabilities.TelstraTelstra has made significant strides since its humble beginnings in early 1990s, when it was a state-owned small company. It is now a huge telecommunications corporation with operations around the globe. It is also the largest provider of fixed line telephony in Australia.The company's success can be attributed to its innovative solutions and an effective investment strategy. In the beginning when resources were limited, the company sunk heavily in new technologies and recognized that the telecommunications sector had tremendous potential for growth. This was a great move as it enabled 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 keep 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 rival companies. But, it did not remain idle and came up with innovative strategies to deal with these changes. It spent $200 billion on infrastructure and heavily invested in it. It also innovated by the launch of BigPond which is a high-speed internet service for customers.It also cut its workforce and outsourced some of its functions, which resulted savings in costs. It also adopted an organization structure that separated roles into functional groups, instead of the traditional hierarchical structure. This allowed senior managers more control over their areas of expertise.Recently, the company announced that it would bring its call centers back to Australia and that, by 2021, all of its small and consumer calls will be answered in the country. Telstra has made a major leap forward, and this will have a positive impact on its customers. However company offshore will continue to operate offshore call centres for its largest international business customers.GEGeneral Electric (GE) was founded by Thomas Edison in 1892 and quickly became one of the most successful American companies. In the 1980s GE bought several large companies including Employer's Reinsurance and Kidder Peabody. In this period, GE's revenue rose from $5 billion to $70 billion. Despite these achievements, analysts have questioned if the company's growth is sustainable.GE concentrates its efforts on industrial technology and services, renewable energy and power. It has also invested in additive machines, also known as 3-D printers that can be used to design new products and parts. In addition the financial arm of GE provides commercial loans 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. It was the first device that could be used to wash and dry clothes, which is a revolutionary invention for households. GE manufactures not only appliances but also aircraft engines, medical devices and power generators. GE plans to expand its digital business in the future. This includes commercial software from Wurldtech and cybersecurity technologies.GE also offshores its most important business processes in India which is where wages are much cheaper than in the US. Its captive offshoring business, GE Capital International Services (GECIS), employed 12,000 workers in 2004. In 2005, GE sold its stake in GECIS and made it a standalone BPO called Genpact. offshore consulting company remains a major customer of Genpact, which now employs more than 20,000 people. The company recently diversified its operations by buying the maker of the Osprey Drone. GE has also invested heavily in the wind sector through a contract to provide 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. IBM provides hardware software, services, and hardware to the IT industry. offshore consulting company offers loans to help clients purchase IT systems and software. It also has research labs throughout the world. 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 the tabulating device.The corporate vision statement of the company is a reflection of its commitment towards leadership in the marketplace and industry for information technology. It declares that the company will deliver high-quality services by combining business model innovation with technological expertise and industry knowledge. It also focuses on customer satisfaction and value creation, which is crucial element to its long-term success.In recent years, IBM has expanded its services business and recast itself as a cloud and cognitive solutions computing platform company. company offshore includes analytics products including Cognos and SPSS. It also provides IT infrastructure software like IBM WebSphere application servers and MQ messaging Middleware. It also offers mobile and security software which includes 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 spending from on-premises facilities to central providers such as Amazon Web Services. In the meantime, IBM has focused on its services and business consulting businesses, and has made a variety of acquisitions to increase its presence in these areas. Additionally IBM has poured money heavily in cloud computing and has a vast global footprint.AccentureAccenture is a top provider of management consulting outsourcing, technology and services in the world. Accenture has many strengths that give them an advantage in the market, including extensive expertise and knowledge of their industry, innovative technology solutions and strong partnerships with top vendors.Marketing, procurement, supply chains as well as learning, human resource management, and finance are all a part of the company's processes. It is also in more than 120 countries. Accenture also offers a range of specialized services in addition to its primary offerings. For example, it offers SAP S/4HANA development as well as fast-tracking customer journeys to digital businesses. It also offers security and IT consultancy services.In the past companies have outsourced certain production processes to reduce costs and improve their competitiveness. For instance, the clothing industry has outsourced many of its production functions to Asian countries. However, in recent years the majority of companies are focusing on the provision of services instead of product production. This has led to a growing demand for professionals with expertise in IT and digital services. These skills are also transferable across industries.Accenture offers a variety of clients and is expanding its presence in key markets. Its client base includes 91 of the Fortune Global 100 and more than three-quarters of the Fortune Global 500. Accenture collaborates with companies like Apple, Google, Oracle and others to create innovative technology. For instance, Accenture has partnered with SAP to develop an intelligent platform solution that can help upstream oil and gas companies reduce complexity using market standards. A consortium of major oil companies, such as BP and Equinor is currently testing the solution. This partnership shows how companies are stepping away from traditional outsourcing to concentrate on innovation and services.MicrosoftMicrosoft is a major publisher of operating systems and applications for personal computers. The most well-known of its products are the Windows series of software, the Office suite and Internet Explorer web browser. The company has been accused of unfair competition, monopoly practices and unconstitutional behavior. In the 1990s, it began creating a complicated web of offshore entities to transfer intellectual property and reduce tax payments.When a client buys Office in Seattle, Microsoft's headquarters don't reside in Redmond. Instead the money travels on an extensive journey. The money starts a long journey by passing through an Nevada sales subsidiary, which does not tax corporate income. Then, it crosses the Atlantic to a Bermudan company and is finally taxed at the island's zero-percent rate.The money goes to a Puerto Rican company that accounts for research costs and transfers a small portion to an Irish firm. The company has employed structures similar to this in other countries like Britain and Germany. The software giant has saved billions of tax due to this arrangement.Congress is now suing the software giant to modify its offshore policy. The Senate Permanent Subcommittee on Investigations said that the company, along with other technology firms, employ offshore units and tax loopholes to avoid payment of taxes. The committee is investigating allegations that tech companies such as Alphabet, the parent company of Google, and Apple have been evading taxes by transferring billions of dollars of profits to low tax jurisdictions.The partnership between SSE Renewables and Avanade is part of a larger project to reduce the environmental impact of wind farm development in the Netherlands. The partnership will create digital tools that will better monitor the impact of wind farms on the local ecosystem. The tools will be utilized in aquariums to improve the identification of wildlife and monitoring of abundance.