About Markit

The Markit IT marketplace and procurement solution offers over 5 million unique IT products delivered by the world's leading IT resellers. Our Marketplace-as-a-Supplier model means that we act as the sole supplier and not as a broker. Markit is responsible for the price, delivery, warranty and customer service. No shifting of responsibility.

Markit Marketplace features include spend transparency, real-time price and bid comparisons/"live bidding", dynamic proof of savings, and vendor and invoice consolidation options. 

View and download Markit 2023 data sheet

Markit's world-class IT marketplace and procurement solution is used by more than 10,000 international companies in 45 countries.

Markit has been nominated as a finalist for the World Procurement Awards 2022

Our Net Promoter Score of 78.6% shows a high level of customer satisfaction.

Markit was founded in Estonia in 2003 and quickly became the leading B2B provider of IT hardware and accessories in the Baltic region. This was the basis for rapid European and global expansion, with 2 to 3 new countries coming every year.

At Markit, we believe that IT purchasing should be simple, transparent and efficient - in a way that not only saves money on product prices, but also massively reduces the time required for the purchasing process reduced.

Our 200+ Markiteers are led by a dedicated and highly experienced management team . Markit is committed to helping its customers achieve the lowest total cost of purchase.

Annually, Markit customers save an average of 10.3% (2022) compared to average market prices and thousands of hours by optimizing purchasing processes.

Our customers also reduce irregular expenses, shipping times, and administration and payment processing times. This gives procurement teams valuable additional time to focus on other, more strategic tasks and projects. 

"With Markit as a partner, we get better transparency, competitive pricing, fewer vendors and a streamlined process for ordering IT supplies." 

Jeppe Christensen, Global Category Manager at Danfoss

Read the IT procurement success story at Danfoss

"Markit's ongoing commitment to transparency through its open margin policy and quarterly spending reports allows me to easily see and report on the financial value of our partnership." 

Māris Modriņš, Head of Baltic IT Procurement at SEB Bank

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

Markit's customers include over 20% of the 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 solve numerous problems Problems of indirect IT purchasing with Markit.

Read IT procurement success stories from Markit customers.

In 2022, our revenue was EUR 217.8 million, an increase of 21% compared to 2021.

MARKIT NEWS & VIEWS

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

Find the latest news and views from Markit on indirect IT procurement here:  visit the Markit blog or  follow us on LinkedIn  or  Twitter .