Companies That OffshoreOffshore outsourcing is a potent tool for companies that require access to specialized talent. It can also lower labor costs, improve revenues, and boost competitiveness.But companies that offshore must be aware of the risks involved. Designing and manufacturing offshore, along with manufacturing can deprive a business of its design and engineering capabilities.TelstraTelstra has progressed a lot since its humble beginnings as an unassuming government-owned company. It has grown into a major telecommunications corporation with operations around the globe. It is also the largest provider of fixed line telephony in Australia.The company's success is attributed to its innovative solutions and an effective investment strategy. In the early days when resources were limited, the company invested heavily in new technology and realized that the telecommunications industry had huge potential for growth. This was an excellent move as it allowed the company to connect Australian cities both domestically and internationally. The company was also a pioneer in the use of mobile phones, which enabled people to keep in touch with their loved loved ones wherever they were.During the 1990s, the company had to face many challenges, like regulation and competition from competitors. But, it did not be in a rut and devised innovative strategies to deal with these changes. For instance, it sunk heavily in infrastructure and invested $200 billion to enhance its services. It also came up with a new idea and launched BigPond the first high-speed internet service for users.It also cut its staff and outsourced certain functions, resulting in savings. It also adopted a new organization structure that separated roles into functional groups rather than an traditional hierarchy system. This gave superior managers to exercise greater control over their areas of expertise.Telstra recently announced 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 made a major leap forward, and this will have a positive effect on its customers. However Telstra will continue to operate offshore call centres for its largest international business customers. company offshore (GE) was established by Thomas Edison in 1892 and quickly became one of the most successful American companies. In the 1980s GE acquired several major companies including Employer's Reinsurance and Kidder Peabody. In this period the company's revenues grew from $5 billion to $70 billion. Despite these achievements however, analysts have raised doubts about whether the company's success can last.GE concentrates its efforts on industrial technology as well as renewable energy, services and power. It has also invested into additive machines, 3D printers that can be used to create products and components. GE's finance arm also offers commercial leasing and lending.The GE washer-dryer is the most popular product sold by the company. It has been in use in American homes for more than 80 years. It was the first machine that could wash and dry clothes, which is an innovative invention for families. GE produces not just appliances but also aircraft engines, medical devices, and power generators. GE plans to expand its digital business in the near future. This includes commercial software from Wurldtech and cybersecurity technologies.GE also outsources its main business processes and its major business processes to India in a country where wages are much cheaper than in the US. Its captive offshoring company, GE Capital International Services (GECIS) employed 12,000 employees in 2004. In 2005, GE sold its stake in GECIS and transformed it into a standalone BPO called Genpact. GE remains a major customer of Genpact, which now employs more than 20,000 people. The company recently diversified by purchasing the maker of the Osprey Drone. GE is also investing heavily in the wind sector, with a deal to supply 87 of its Haliade-X 14MW wind turbines to Dogger Bank C.IBMInternational Business Machines (IBM) is one of the world's biggest technology companies with its headquarters in Armonk, New York. The company offers hardware software, services, and hardware to the IT industry. It also offers financing to help its clients acquire IT systems and software. Additionally, it runs research laboratories around the world. The company's innovative research goes back to the 1880s, when Julius E. Pitrat invented the computing scale, and Alexander Dey created the dial recorder. Herman Hollerith also created a tabulating device.The corporate vision statement of the company reflects its commitment to leadership in the field of information technology and market. The corporate vision statement states that it will provide high-value service by combining technology expertise with business model innovation. It also places a high priority on customer satisfaction as well as value creation because it is the most important factor to its success in the long run.In recent years, IBM expanded its services business. It has also rebranded itself as cloud computing platform and a cognitive solutions company. IBM's software portfolio includes analytics products like Cognos, SPSS and SPSS. It also provides IT infrastructure software, including the IBM WebSphere application server and MQ messaging middleware. It also provides mobile software and security products, like the IBM Verse business-email offering and the IBM QRadar platform for security intelligence. offshore company has been in decline in recent years due to the shift in corporate IT spending from on-premise facilities to central companies like Amazon Web Services. IBM has been focusing on its business consulting and service business and has made several acquisitions to boost their reach in these areas. In addition IBM has also invested heavily in cloud computing, and has a vast global presence.AccentureAccenture is a leading provider of management consulting outsourcing, technology and services in the world. The company has many strengths that give them an competitive edge, including deep experience and expertise in their industry, innovative technology solutions and strong partnerships with the top vendors.The company's business processes include procurement, marketing and supply chain, as well as learning human resources, finance. It is also present 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 and fast-tracking customer journeys to digital businesses. It also provides security and IT consultancy services.In the past, companies have outsourced certain production functions to cut costs and increase competitiveness. For instance, the clothing industry has outsourced many of its production functions to Asian countries. In recent years however, more companies have shifted their focus from production of goods to services. This has resulted in the need for more experts with experience in digital and IT services. The benefit is that these skills can be transferred across industries.Accenture offers a variety 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 of the Fortune Global 500. The company also partners with companies like Apple, Google, and Oracle to create new technologies. Accenture, for example, has partnered up with SAP to create an intelligent platform solution which helps oil companies from upstream reduce complexity through market standards. A consortium of major oil companies, including BP and Equinor, is testing this solution. companies offshore shows how companies are moving away from traditional outsourcing and focusing instead on services and innovations.MicrosoftMicrosoft is among the most successful manufacturers of operating systems and applications for personal computers. Microsoft's most popular products include its Windows software line, Office suite and Internet Explorer browser. The company has been accused of monopoly, anti-competitive practices and the use of monopoly. In the 1990s, it set the foundation of a network of offshore entities to transfer intellectual property and reduce taxes.When a customer buys Office in Seattle however, the profits don't go to Microsoft's headquarters in nearby Redmond. The money begins with a long trip by passing through an Nevada sales subsidiary, which doesn't tax corporate income. It then crosses the Atlantic to the Bermudan company and is finally taxed at the island's zero percent rate.From there, the money is transferred to a Puerto Rican company that accounts for research costs and passes a small portion to an Irish firm. The company has employed structures similar to this one in other countries, including Britain and Germany. The software giant has saved billions of dollars in tax due to this arrangement.The software giant is now facing a legal challenge from Congress to alter its offshore strategy. company offshore on Investigations has said that the company, along with other technology companies use offshore units and loopholes to avoid paying taxes. The committee is investigating allegations that tech firms, such as Alphabet the parent company of Google and Apple have been evading taxes by transferring billions of dollars in profits to low tax jurisdictions.The collaboration between SSE Renewables, Avanade and the Netherlands' Ministry of Infrastructure is part of a larger project to improve the impact of wind farms on the environment. The collaboration will create digital tools that will better assess the impact of wind farms on the local ecosystem. The tools will be utilized in aquariums to improve wildlife identification and abundance monitoring.