Companies That OffshoreOffshore outsourcing can be an effective tool to help businesses find niche talent. It can also reduce cost of labor, increase the company's revenue, and boost its competitiveness.Outsourcing companies must be aware of their risks. Designing and manufacturing offshore, along with manufacturing could deprive a company of its design and engineering capabilities.TelstraTelstra has grown tremendously since its humble beginnings in early 1990s, when it was a state-owned small business. It is now a huge Telecommunications company that operates around the world. It is also Australia's largest fixed-line telephony service provider. offshore consulting company is due to its innovative solutions and strong investment strategy. In the beginning when resources were limited, the company invested heavily in new technology and realized that the telecommunications industry had enormous 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 remain connected to their loved loved ones wherever they were.In the 90s, the company was faced with major challenges, including deregulation and competition from competitors. It was not content to remain passive and devised aggressive strategies to adapt to these changes. It invested $200 billion in infrastructure and made huge investments in it. It also came up with a new idea and launched BigPond, a high-speed internet service for consumers.It also reduced its staff and outsourced certain functions, resulting in savings. In addition, it implemented an organizational structure that broke up roles into functional groups instead of the traditional hierarchy. This allowed managers at the top to gain more control over their expertise areas.Telstra has announced that it would bring its call centers back to Australia and that, by 2021, its consumer and small business calls will be answered in Australia. This is a major improvement for Telstra and is likely to be beneficial to its customers. Telstra will continue to operate offshore call centers for its largest international 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, including Employer's Reinsurance and Kidder Peabody. In the 1980s the company's revenue grew from $5 billion to $70 billion. But, despite these gains many analysts have wondered whether the company's growth was sustainable.Currently, GE is focusing on industrial technology and services, medical, renewable energy, and power. It has also invested in additive machines, 3D printers which can be used to make parts and products. Additionally the financial arm of GE provides commercial credit and leasing.The GE washer-dryer is the company's best-selling product. It has been in use in American homes for more than 80 years. It was the first device that could wash and dry clothes, which is a revolutionary invention for households. In addition to its appliances, GE also manufactures aircraft engines, medical equipment and power turbines. GE plans to expand its digital business in the near future. This includes commercial software from Wurldtech and cybersecurity technologies.GE also offshores its major business processes and its major business processes to India which is where wages are lower than in the US. In 2004, GE Capital International Services, its offshoring company that is owned by GE employed 12,000 people. In 2005, GE spun off its stake in GECIS to create a BPO company called Genpact. Genpact employs 20,000 employees and GE remains a major client. Genpact recently expanded its business by acquiring the manufacturer of the Osprey drone. GE is also investing heavily in the wind industry, through a deal to supply an 87-unit Haliade-X 14 MW wind turbines to Dogger Bank C.IBMInternational Business Machines (IBM) is one of the world's largest technology companies, with its headquarters in Armonk, New York. IBM provides hardware, software and other services for the IT industry. It also provides loans to help clients purchase IT systems and software. Additionally, it runs research labs around the world. The company's innovative research began in 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 corporate vision declaration of the company demonstrates its determination to be a leader in the market and industry for information technology. The company's corporate vision statement declares that it will provide high-quality service by combining technology expertise with business model innovation. It also focuses on customer success 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 an cognitive solutions and cloud computing platform company. IBM's software portfolio includes analytics products like Cognos, SPSS and SPSS. It also provides IT infrastructure software, such as the IBM WebSphere application server and MQ messaging middleware. It also provides mobile and security software such as the IBM Verse business email offering and the IBM QRadar security intelligence platform.In recent years, IBM's hardware sales have declined due to the shift in corporate IT expenditures from on-premises facilities to centralized operators like Amazon Web Services. In the meantime, IBM has focused on its services and business consulting businesses, and has made a variety of acquisitions to expand its presence in these areas. IBM has also made significant investments in cloud computing and has a global presence.AccentureAccenture is a leading provider of management consulting outsourcing, technology and management consulting in the world. Accenture has a range of strengths that give it a competitive advantage, including extensive industry knowledge and expertise of cutting-edge technologies, strong partnerships with leading technology vendors and a global scale and reach.The company's business processes encompass procurement, marketing and supply chain, as well as learning, human resources, and finance. It is also present in more than 120 countries. Accenture also offers a range of specialized services in addition to its core offerings. For example, it offers SAP S/4HANA development and speed-tracking customer journeys to digital businesses. It also offers IT and security consulting services.In offshore consulting companies , businesses have outsourced some production functions in order to cut costs and increase competitiveness. In the garment industry for instance, a lot of production functions have been outsourced to Asian countries. In recent years however, more businesses have shifted their focus away from product production to services. This has resulted in a growing demand for professionals with expertise in digital and IT services. These skills can be transferred across different industries.Accenture has many clients and is expanding its reach in the most important markets. Accenture's client list includes 91 Fortune Global 100 companies and more than three quarters of Fortune Global 500. The company also partners with companies such as 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 to reduce the complexity of their operations by using market standards. A consortium of major oil companies, including BP and Equinor is currently testing this solution. This collaboration shows how companies are moving away from traditional outsourcing and focusing on services and innovations.MicrosoftMicrosoft is a major publisher of operating systems and software for personal computers. Its best-known products include the Windows range of software as well as the Office suite and Internet Explorer web browser. But the company has also been accused of monopoly as well as anti-competitive behaviour. In the 1990s it set up a complex network of offshore companies in order to transfer intellectual properties and cut down on tax payments.If a buyer purchases Office in Seattle however, the profits don't go to Microsoft's headquarters in nearby Redmond. Instead, the money starts with a long journey beginning with an affiliate company in Nevada which isn't taxed on corporate income. The money then travels across the Atlantic and is taxed by an Bermudan firm at a zero percent rate.Then, the funds are transferred to a Puerto Rican company that accounts for research expenses and then passes a small slice to an Irish firm. The company has employed similar structures to avoid tax in other countries, such as Britain and Germany. The software giant has saved billions of dollars in tax due to this arrangement.The software giant is now facing a challenge from Congress to alter 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 payment of taxes. offshore consulting company is investigating tax evasion by tech companies, including Google owner Alphabet and Apple who have shifted billions of dollars in profits to tax-free jurisdictions.The collaboration between SSE Renewables, Avanade and the Netherlands Ministry of Infrastructure is part of an overall project to improve the impact of wind farms on the environment. The partnership will develop digital instruments that can 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 distribution analysis.