About Markit

HELPING CLIENTS SUCCEED IN 45 COUNTRIES

The Markit IT marketplace & procurement solution offers over 5 million unique IT products supplied by world’s leading IT distributors. Our Marketplace-as-a-Supplier model means we act as the sole supplier, not a broker. Markit is responsible for the price, delivery, warranty and customer service in general. No passing the buck.

The features of Markit’s marketplace include transparent visibility of spend, real time price & delivery comparisons / “live tendering”, dynamic proof of savings, plus supplier and invoice consolidation options. 

View and download the Markit 2023 Fact Sheet

Markit’s world class IT marketplace & procurement solution is used by thousands of international companies across 45 countries.

Markit was shortlisted as finalist in the 2022 World Procurement Awards

Our Net Promoter Score of 78.6% represents a world class level of client satisfaction. 

Markit was founded in Estonia in 2003 and quickly grew to become the leading B2B IT hardware and accessory supplier in the Baltic region. This formed the base for quick future European and global expansion, adding 2 - 3 new countries per year.

At Markit, we believe IT purchasing should be simple, transparent, and efficient – in a way that not only saves money on product prices but reduces purchasing process time massively. Our 200 Markiteers are led by a passionate and highly experienced executive team on Markit's mission to help our clients succeed in achieving the lowest possible total cost of purchase. 

Markit clients save an average of 10.3 % (2022) against average market prices and thousands of hours in reduced purchasing process time.

Our clients are also reducing maverick spending levels, delivery times and administrative/payment processing times too. This creates valuable extra time for the procurement teams to focus on other more strategic tasks and projects. ​​​​​​​

“With Markit as a partner we get better transparency, competitive pricing, fewer suppliers and a streamlined process for ordering IT accessories.” 

Jeppe Christensen, Global Category Manager at Danfoss

Read the acclaimed Danfoss IT procurement success story

“Markit’s ongoing commitment to transparency through its open margin policy and quarterly savings reports allows me to easily identify and report the financial value of our partnership.” 

Māris Modriņš, Head of Baltic IT Procurement at SEB Bank

Read the SEB IT procurement story developed over more than 15 years of partnering with Markit.

Markit clients include many Global Forbes 2000 and Fortune 500 companies. Companies such as ABB, AGA (Linde AG), Coca-Cola, Danfoss, Ericsson, Johnson & Johnson, MetLife, Rezidor/Radisson, Roche, Sanofi, Schott, SEB, Siemens, Skype, Telenor, Tieto, TIKTOK and many more are solving numerous indirect IT purchasing issues with Markit. 

View all Markit client IT procurement success stories.

In 2022, our revenue was 217.8M euros, an increase of 21% on 2021. 

Read more detailed financial information.

MARKIT NEWS & VIEWS

Markit regularly publishes IT procurement reports and white papers on the Procurement Leaders website and on SlideShare. 

For Markit latest news and views about indirect IT procurement please visit the Markit blog or follow us on LinkedIn or Twitter.