Financial Times Ranks Sourcefit Among Top 500 High-Growth Asia-Pacific Companies for 2023
Sourcefit has been recognized by the Financial Times as one of the Top 500 High-Growth Asia-Pacific Companies for 2023. The annual ranking, which is based on market capitalization, reflects a company’s stock market value, with higher market caps corresponding to higher rankings. The ranking process involved an analysis of both the compound annual growth rate (CAGR) and absolute growth rate of Asia-Pacific companies between 2018 and 2021.
Statista conducted extensive research using company databases and public sources to compile the list of eligible companies in the Asia-Pacific region with the highest percentage growth in revenues. The ranking criteria required companies to have generated a revenue of at least $100,000 in 2018 (or currency value equivalent as of 2018) and a minimum of $1 million in 2021 (or currency value equivalent as of 2021), while primarily achieving organic revenue growth between 2018 and 2021. The growth rates were calculated based on revenue figures submitted by the companies in their respective national currencies, which were then converted into US dollars for better comparability. The CAGR and absolute growth rate were calculated to determine each company’s ranking.
Sourcefit’s Absolute Growth Rate and CAGR: 2018-2021
Sourcefit’s recognition by Financial Times as one of the Top 500 High-Growth Asia-Pacific Companies highlights its exceptional performance with an impressive Absolute Growth Rate of 93.6% and a CAGR of 24.6% between 2018 and 2021. This recent accolade serves as a testament to the company’s unyielding commitment to excellence and cements its position as a leading player in the Asia-Pacific BPO industry.Sourcefit’s inclusion in this ranking is a demonstration of its continued success and strong market performance. The company’s focus on providing high-quality business process outsourcing solutions to clients worldwide has led to significant growth in recent years.
By leveraging technology and streamlined processes, Sourcefit has been able to offer competitive pricing and superior service, resulting in a loyal client base and continued expansion. The company’s commitment to excellence has also been recognized through other industry awards and certifications, such as Inquirer Growth Champion, The Marketing Excellence Awards, Great Place to Work Certification, HR Asia Awards, among others.
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About Us: Sourcefit is a widely recognized US-managed business process outsourcing company based in Manila, Philippines. We proudly serve over 100 clients with a workforce of more than 1,300 employees. Our global centers can serve multiple markets, and our staff is highly proficient in English, Spanish, French, and Portuguese. Whether you need a few or many employees, we can help you achieve your business goals and build high-quality offshore teams.
Latest Awards
Sourcefit’s commitment to excellence has been recognized through numerous industry awards and certifications.
We recently received the Fortress Cyber Security Award from the Business Intelligence Group. Sourcefit was also honored with the prestigious recognition of Best Outsourcing Solutions Provider in the Philippines during the 2023 Business Excellence Awards.
Other awards include: FT ranking of 500 high-growth Asia-Pacific, The Marketing Excellence Awards, Inquirer Growth Champion, HR Asia Awards, among others.
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