Companies That OffshoreOffshore outsourcing is a potent tool for businesses that need access to talent in a niche. It can also lower labor costs, increase revenue and increase competitiveness of companies.However, companies that offshore have to be aware of the risks associated with. Designing and manufacturing could be moved offshore in tandem, which can rob a company of its engineering and designing capabilities.TelstraTelstra has come a long way from its humble beginnings as a small government-owned company. It has grown into a major Telecommunications company that operates around the world. It is also the biggest provider of fixed line telephone service in Australia.The company's success can be attributed to its solid investment strategy and its innovative solutions. In the midst of a shortage of resources in the early years the company poured its money into new technology and realized that the telecommunications sector had enormous growth potential. This was a smart move as it allowed the company to connect Australian cities both domestically and internationally. The company was also the first in the use of mobile phones, which enabled people to stay in touch with loved ones wherever they were.In the 1990s, the company faced numerous challenges, including the deregulation of the industry and competition from competitors. It was not content to remain passive and came up with a plan 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 which is a high-speed internet service for consumers.It also reduced its staff and outsourced some functions, resulting in cost savings. In addition, it implemented an organizational structure that broke up roles into functional groups, rather than the traditional hierarchy. This allowed senior managers to gain 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 its consumer and small business calls will be answered in the country. offshore companies is a big leap forward for Telstra and will likely have a positive impact on its customers. Telstra will continue to run offshore call centers for its largest international 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 acquired several large companies including Employer's Reinsurance and Kidder Peabody. In this period the company's revenue grew from $5 billion to $70 billion. Despite these successes, analysts have questioned if the company's growth is sustainable.Presently, GE is focusing on industrial technology and services, medical, renewable energy, and power. It has also invested in additive machines, or 3-D printers that can be used to make new products and components. GE's finance arm also offers commercial leasing and loans.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 first appliance 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 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 in the US. In 2004, GE Capital International Services, its offshoring company that is owned by GE employed over 12,000 workers. In 2005, GE spun off its stake in GECIS to create a BPO company named Genpact. offshore companies continues to be a big client of Genpact which employs 20,000 people. The company recently diversified by buying the maker of the Osprey Drone. GE has also invested heavily in the wind industry, through a contract to provide 87 Haliade-14 MW wind turbines from Dogger Bank C.IBMInternational Business Machines is one of the biggest technology companies worldwide with its headquarters located in Armonk, New York. IBM provides hardware, software, and services for the IT industry. Additionally, it provides financing to assist its customers purchasing IT systems and software. Additionally, it has research labs across the globe. The company has a long history of research that has been innovative dating back to the 1880s when Julius E. offshore company patented the computing scale, Alexander Dey invented the dial recorder and Herman Hollerith created a tabulating machine.The corporate vision statement of the company 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-quality service by combining technology expertise with business model innovation. It also puts a high priority on customer satisfaction and value creation since it is the key to its success over 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 analytics-related products like Cognos, SPSS and SPSS. It also offers IT infrastructure software, such as IBM WebSphere application servers and MQ messaging Middleware. It also offers mobile software and security products, like the IBM Verse business-email offering and the IBM QRadar platform for security intelligence.The hardware business of IBM has been in decline in recent years, due mainly to the shift in IT expenditures of corporate clients from on-premise systems to centralized providers like Amazon Web Services. IBM has focused on its business consulting and services businesses and has made a number of acquisitions to increase their reach in these areas. The company has also invested heavily in cloud computing and has a global footprint.AccentureAccenture is a leading provider of management consulting, technology and outsourcing services around the globe. Accenture has a variety of strengths that give it a competitive advantage with regard to extensive industry knowledge and expertise and innovative technologies, strong partnerships with leading technology vendors and a global reach and scale.Marketing procurement, supply chains and learning, human resource management, and finance are all a part of the company's operations. Accenture is also present in more than 120 different countries. In addition to its core offerings, Accenture offers a number of other services that are specialized. Accenture, for instance, provides SAP S/4HANA as well as the rapid tracking of customer journeys within digital businesses. It also offers IT and security consulting services.Historically, companies have outsourced certain production processes to reduce costs and improve their competitiveness. For instance, the clothing industry has outsourced a large portion of its production processes to Asian countries. In recent years however, more businesses have switched their focus from product production to services. This shift has led to a growing demand for professionals with expertise in digital and IT services. The most appealing aspect is that these skills can be used across different industries.Accenture has a broad range of clients and is growing its presence in the most important markets. Accenture's client list includes 91 Fortune Global 100 companies and more than three quarters Fortune Global 500. The company partners with companies like Apple, Google, Oracle and others to create innovative technology. For example, Accenture has partnered with SAP to develop an intelligent platform solution that can help upstream oil and gas companies to reduce the complexity of their operations by using market standards. A consortium of oil companies, such as BP and Equinor is currently testing the solution. This collaboration shows how companies are moving past traditional outsourcing to focus on innovation and services.MicrosoftMicrosoft is one of the most popular publishers of operating systems and applications for personal computers. The most well-known products are the Windows range of software and the Office suite, and the Internet Explorer web browser. The company has been accused of anti-competitive practices, monopoly and unconstitutional behavior. In the 1990s, it set up an elaborate network of offshore entities in order to transfer intellectual property and cut down on tax payments.If a client purchases Office in Seattle however, the profits don't take the short route to Microsoft's headquarters in nearby Redmond. The money begins an extended journey beginning with an Nevada sales subsidiary, which does not tax corporate income. The money then travels across the Atlantic and is taxed by the Bermudan firm at a zero-percent rate.The money is transferred to the Puerto Rican company that accounts for research expenses and then passes some of the proceeds to an Irish company. The company has employed similar structures in other countries, including Britain and Germany. The software giant has saved billions of dollars in taxes through this arrangement.Congress is now challenging the software giant to alter its offshore policy. The Senate Permanent Subcommittee on Investigations said that the company, as well as other tech companies, use offshore units and tax loopholes in order to avoid the payment of taxes. The panel is investigating allegations of tax evasion by 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 project to reduce the environmental impact of wind farm development in the Netherlands. The collaboration will develop digital tools to better monitor the impact of a wind farm on the local ecosystem. The tools will be used in aquariums to enhance wildlife identification and monitoring of abundance.