TaskUs wins North America Company of the Year Award

Business Process Outsourcing (BPO) provider TaskUs won the 2022 North America Company of the Year Award from market research company Frost & Sullivan.
Frost & Sullivan said that TaskUs’ next-generation CX solutions empower enterprises to perform seamless transactions faster while reducing costs, saving agent time, and increasing their clients’ efficiency, productivity, and customer satisfaction.
Additionally, the outsourcing firm’s cloud-based approach differentiates it from the competition and positions it to provide digital innovations faster and increase adaptability to clients’ infrastructure.
Frost & Sullivan Best Practices Research Analyst Steven Lopez said that “TaskUs reported over 30% revenue growth in 2020 to attain rapid success in the North America CX outsourcing market, multiplying its average growth five times and significantly increasing its market share to become a top fifteen provider.”
Frost & Sullivan Industry Principal added that the BPO provider’s advanced solutions “allow employees to improve performance and efficiency, making for an optimal, effortless, and memorable customer experience.”
In January, a hedge fund firm projected a 25%-50% drop in Taskus share value after allegedly fluffing up its numbers. As of writing Taskus share price listed in the Nasdaq Stock Market is $32.05.