Companies That OffshoreOffshore outsourcing is a powerful tool for businesses that need access to specialized talent. 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. Manufacturing and design can be transferred offshore together, which can rob a company of its engineering and designing capabilities.TelstraTelstra has grown considerably from its humble beginnings in the form of a small, government-owned business. Today it is a large private telecommunications business that operates all over the world. It is also the largest provider of fixed line telephony in Australia.The company's success is due to its innovative solutions and an effective investment strategy. In the beginning when resources were scarce, the company invested heavily in new technology and realized that the telecommunications sector had tremendous potential for growth. This was a great move because it allowed the company to connect Australian cities both domestically and internationally. The company also created the first mobile phone, which enabled people to stay in touch with their loved ones no matter where they were.In the 90s, the company was faced with significant challenges, including deregulation and competition from rival companies. It refused to sit back and came up with a plan to adapt to these changes. For instance, it sunk heavily in infrastructure and has spent $200 billion to enhance its services. It also 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. Additionally, it introduced an organization structure that broke up roles into functional groups rather than the traditional hierarchy. This allowed superior managers to exercise greater control over their area of expertise.The company announced recently that it will bring its call centers back to Australia and that, by 2021 its consumer and small business calls will be answered in Australia. Telstra has taken a significant step forward, and this will have a positive impact on its customers. Telstra will continue to run offshore call centers for its larger international customers.GEThomas Edison founded General Electric in 1892. It quickly became one of America's most profitable companies. In the 1980s GE bought 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 some analysts have been questioning whether the company's growth was sustainable.GE focuses its efforts on industrial technology, services, renewable energy and power. It has also invested in additive machines, 3D printers that can be used to create products and components. The finance division of GE 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 first machine that could automatically wash and dry clothes. This was a revolutionary invention in the world of household. 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 is also outsourcing its main business processes to India, where wages are cheaper than the US. In 2004 GE Capital International Services, its own offshoring company, employed 12,000 employees. In 2005, GE sold its stake in GECIS and made it a separate BPO known as Genpact. GE 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 made significant investments in the wind sector with a contract to provide 87 Haliade-14 MW wind turbines from Dogger Bank C.IBMInternational Business Machines is one of the largest companies in technology worldwide, with its headquarters in Armonk, New York. The company offers hardware software, as well as services to the IT industry. Additionally, it provides financing to assist its customers' acquisition of IT systems and software. It also operates research labs around the globe. The company's pioneering 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 reflects its commitment to leadership in the field of information technology and market. It states that the company will deliver high-value services by combining business model innovation with technological expertise and industry knowledge. It also puts a high priority on customer satisfaction as well as value creation since it is the key to its success over the long term.In recent years, IBM expanded its services business. It also rebranded itself as a cloud computing platform and cognitive solutions company. IBM's software portfolio includes analytics products such as 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 decreased due to the shift in corporate IT expenditures from on-premises systems to centralized companies like Amazon Web Services. IBM has been focusing on its business consulting and service business and has made several acquisitions to increase their presence in these areas. The company has also made significant investments in cloud computing and has a worldwide footprint.AccentureAccenture is one of the world's leading management consulting outsourcing, technology services, and outsourcing companies. Accenture has a variety of strengths that provide it with a competitive advantage with regard to extensive industry knowledge and expertise of cutting-edge technologies, strong partnerships with leading technology vendors, and global reach and scale.The business processes of the company include procurement, marketing, supply chain, learning human resources, finance. It also has a presence in more than 120 countries. In addition to its core services, Accenture offers a number of other services that are specialized. 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 functions to lower costs and increase competitiveness. For instance, the garment industry has outsourced a large portion of its production processes to Asian countries. In recent years however, more companies have switched their focus from production of goods to services. This has led to the need for more professionals who have experience in digital and IT services. The most appealing aspect is that these skills can be transferred across industries.Accenture offers a variety of clients and is growing 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 also collaborates with companies such as Apple, Google, and Oracle to develop new technologies. For instance, Accenture has partnered with SAP to create an intelligent platform solution that can help upstream oil and gas companies cut down on complexity using market standards. This solution is being tested by a consortium of major oil and gas companies including BP, Chevron, ConocoPhillips, and Equinor. This collaboration shows how companies are moving away from traditional outsourcing and focusing on innovations and services.MicrosoftMicrosoft is one of the world's most successful producers of operating systems and applications for personal computers. companies that offshore -known of its products are the Windows range of software and the Office suite, and the Internet Explorer web browser. The company has been accused of monopoly, anti-competitive practices and unconstitutional behavior. In the 1990s, it started setting up a complex web of offshore entities to transfer intellectual property and cut taxes.If a client purchases Office in Seattle, the profit doesn't travel the short distance to Microsoft's headquarters in nearby Redmond. The money is a long journey by passing through an Nevada sales subsidiary, which doesn't tax corporate income. Then, it crosses the Atlantic to a Bermudan company which is taxed at Bermuda's zero-percent rate. companies that offshore is transferred to an Puerto Rican company that accounts for research costs and passes some of the proceeds to an Irish firm. The company has employed similar structures in other countries, including Britain and Germany. The arrangement has saved the software massive billions of dollars in tax. company offshore is now suing the software giant to modify its offshore policy. The Senate Permanent Subcommittee on Investigations has stated that the company as well as other tech companies, use offshore units and tax loopholes to avoid payment of taxes. The panel is investigating allegations of tax evasion and tax evasion of tech firms such as Google owner Alphabet and Apple who have shifted billions of dollars in profits to tax-free jurisdictions.The partnership between SSE Renewables and Avanade is part of a larger initiative to improve 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 used in aquariums to enhance wildlife identification and monitoring of abundance.