Companies That OffshoreOffshore outsourcing is a powerful tool for businesses that need access to specialized talent. It can also help reduce labor costs, increase revenue and increase competitiveness of companies.Outsourcing companies must be aware of their risks. Manufacturing and designing can be transferred offshore together and can deprive companies of their engineering and designing capabilities.TelstraTelstra has made significant strides from its humble beginnings in early 1990s when it was a government-owned small company. offshore companies , it is a massive privatised telecommunications company with operations across the globe. It is also the largest provider of fixed line telephony services in Australia.The company's success is due to its innovative solutions and an effective investment strategy. In the early days, when resources were scarce, the company invested heavily in the latest technologies and recognized that the telecommunications industry had enormous potential for growth. This was an excellent decision, as it allowed the company to connect Australian cities both domestically and internationally. The company also pioneered the mobile phone, which enabled people to remain connected to their loved ones regardless of where they were.During the 1990s, the company faced many challenges, like regulation and competition from rival companies. It was not content to remain passive and devised aggressive strategies to adapt to these changes. For instance, it invested heavily in infrastructure and has spent $200 billion to improve its services. offshore company re-innovated by launching BigPond which is a high-speed internet service for consumers.It also cut its staff and outsourced certain functions, resulting in cost savings. It also adopted an organizational structure that separated roles into functional groups, instead of an traditional hierarchy system. This gave the top managers to have more control over their area of expertise.Recently, the company announced that it will be bringing its call centres back to Australia, and that by 2021, all its small and consumer calls will be answered in the country. Telstra has taken a huge step forward, and this will have a positive impact on its customers. Telstra will continue to operate offshore call centers for its largest international clients.GEThomas Edison founded General Electric in 1892. It 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. GE's revenues increased from $5 billion to over $70 billion in the period. However, despite these achievements, many analysts have questioned whether the company's growth was sustainable.GE is focusing its efforts on industrial technology, services, renewable energy and power. It has also invested in additive machines, also known as 3-D printers, that can be used to create new products and components. The finance division of GE also offers commercial leasing and lending.The GE washer-dryer is the company's best-selling product. It has been in use in American homes for over 80 years. It was the very first machine that could automatically wash and dry clothes. It was a revolutionary invention in households. GE manufactures not only appliances, but also medical devices, aircraft engines and power generators. GE plans to expand its digital business in the coming years. This includes commercial software from Wurldtech and cybersecurity technologies.GE is also outsourcing its main business processes to India where wages are cheaper than the US. In 2004, GE Capital International Services, its offshoring company that is owned by GE employed 12,000 people. In 2005, GE sold its stake in GECIS and transformed it into a separate BPO known as Genpact. Genpact has 20,000 employees, and GE remains a major client. The company has recently diversified its business by purchasing the maker of the Osprey drone. GE is also investing heavily in the wind industry, by supplying an 87-unit 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 other services for the IT industry. It also provides financing to help its clients acquire IT systems and software. Additionally, it has research labs across the globe. The company's pioneering research began in 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 reflects its commitment to leadership in the market and industry for information technology. The company's corporate vision statement declares that it will provide quality service by combining technological expertise with business model innovation. It also puts a high importance on customer satisfaction and value creation because it is the most important factor to its success in the long term.In recent years, IBM has expanded its services business and redefined itself as an cognitive solutions and cloud computing platform company. IBM's software portfolio includes products for analytics such as Cognos, SPSS and SPSS. It also offers IT infrastructure software, including the IBM WebSphere application server and MQ messaging middleware. company offshore offers mobile software and security products, including the IBM Verse business-email offering and the IBM QRadar platform for security intelligence.In recent years, IBM's hardware sales have decreased due to the shift in corporate IT spending from on-premises facilities to central operators such as Amazon Web Services. IBM has been focusing on its business consulting and services businesses and has made several acquisitions to boost their presence in these fields. IBM has also invested heavily in cloud computing and has a worldwide footprint.AccentureAccenture is among the world's leading management consulting, technology services and outsourcing companies. Accenture has a variety of strengths that provide it with a competitive advantage, including extensive industry knowledge and expertise and innovative technologies, strong partnerships with leading technology vendors and a global reach and scale.The company's business processes encompass marketing, procurement, supply chain, learning, human resources, and finance. It is also in more than 120 different countries. Accenture also offers a variety of specialized services in addition to its core offerings. Accenture, for instance, provides SAP S/4HANA and fast-tracking of customer journeys in digital businesses. It also provides IT and security services.In the past, companies have outsourced certain production processes to cut costs and increase competitiveness. For instance, the garment industry has outsourced a large portion of its production processes to Asian countries. In recent times the majority of companies are focusing on services instead of product production. This has led to an increasing demand for professionals with expertise in IT and digital services. These skills are also transferable across industries.Accenture has many clients and is growing in the most important markets. Accenture's client list includes 91 Fortune Global 100 companies and more than three quarters of the Fortune Global 500. The company partners with companies like Apple, Google, Oracle and others to develop new technologies. Accenture for instance has partnered with SAP to create an intelligent platform that helps upstream oil companies simplify their operations by utilizing market standards. A consortium of oil companies, including BP and Equinor, is testing this solution. This collaboration illustrates how companies are moving away from traditional outsourcing and instead focusing on innovations and services.MicrosoftMicrosoft is a leading publisher of operating systems and software for personal computers. The most well-known of its products are the Windows series of software, the Office suite, and the Internet Explorer web browser. But the company has also been accused of monopoly as well as anti-competitive behaviour. In the 1990s, it began setting up a complex web of offshore entities to transfer intellectual property and cut taxes.If a client purchases Office in Seattle the money doesn't go to Microsoft's headquarters in nearby Redmond. The money is a long journey, first going through an Nevada sales subsidiary, which does not tax corporate income. The money then travels across the Atlantic and is taxed by an Bermudan firm at a zero-percent rate.The money 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 utilized similar structures to avoid tax in other countries, such as Britain and Germany. The arrangement has saved the software massive billions of dollars in taxes.Congress is now challenging the software giant to alter its offshore policy. The Senate Permanent Subcommittee on Investigations said the company and other tech companies have offshore units and loopholes to avoid paying taxes. The panel is investigating claims that tech companies, such as Alphabet, the parent company of Google, and Apple have been evading tax by transferring billions of dollars of profits to tax-free jurisdictions that are not as high.The partnership between SSE Renewables and Avanade is part of a larger project to improve the environmental impact of wind farms in the Netherlands. The partnership will create digital instruments that can better monitor the impact of wind farms on the local ecosystem. The tools will be tested in an aquarium and are expected to improve wildlife identification as well as abundance monitoring and distribution analysis.