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Markit Fact Sheet 2023

Markit
Feb. 1, 2023
Markit Fact Sheet 2023
Markit Fact Sheet 2023
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INTERNATIONAL IT DEVICES PROCUREMENT OUTLOOK 2023INTERNATIONAL IT DEVICES PROCUREMENT OUTLOOK 2023
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Markit Fact Sheet 2023

  1. 2023 WWW.MARKIT.EU Thousands of multinational and international companies across 6 continents are saving consider- able amounts of time and money by sourcing and buying their IT hardware and accessories through Markit’s IT marketplace and procurement solution. Markit clients compare prices and delivery times in real time in our marketplace of over 4.3 million unique IT products. In 2022, they saved an average of 10.3% on average market prices and thousands of hours by using Markit to manage, centralise, and streamline their IT purchasing. MARKIT FACT SHEET 2023 MARKIT BY NUMBERS 2022 204 Employees 10,500+ Entities served 40 Countries 2,700+ Active client accounts 357 IT distributors globally 4.3 M Products in catalogue 3.9 days Average delivery time 92 % Delivery accuracy 78.6 Net Promoter Score (NPS) 10.3 % Avg. product price savings Functionality designed for the key needs of IT purchasing professionals. TOP 10 MARKIT FEATURES CENTRALISED IT PROCUREMENT PLATFORM FOR MULTIPLE COUNTRIES AND ENTITIES INTERNATIONAL MARKETPLACE AND CUSTOMIS- ABLE CATALOGUE OF 4.3 M IT PRODUCTS PARAMETRIC AND SMART SEARCH TOOLS LOCAL-TO-LOCAL AND CONSOLIDATED E-INVOICING OPTIONS REAL TIME PRICE, STOCK AND DELIVERY DATA COMPARISONS TRANSPARENT PRICE, PRODUCT, SUPPLIER AND PURCHASE HISTORY DATA PARAMETRIC SEARCH FILTERS FOR ECO-RATED PRODUCTS (e.g. TCO CERTIFIED & ENERGY STAR) SEAMLESS PUNCHOUT INTEGRATION (OCI OR CXML) WITH SAP/ARIBA, COUPA ETC. LOCAL LANGUAGE BUSINESS SUPPORT CUSTOMISABLE USER ROLES AND WORKFLOWS The Markit IT marketplace and purchasing solution is a secure, internet-based system that operates as stand-alone platform. It integrates with all major ERP, procurement and punchout solutions. Markit releases new, and refines existing, features on a regular basis. Markit’s international clients also receive fast, local-to-local deliveries, local language support and invoices in their local currency. IT hardware and accessory marketplace and procurement solution serving multinational corporations in 40 countries. Real transparent pricing with no hidden costs. Markit clients can choose to pay a small, fixed percentage on top of the distributor price for all their IT purchases or a flat monthly fee based on projected volumes. There are no additional costs i.e., no fees for set up, licensing, integrations (e.g., punchout or SRM), consultancy, or proactive account management.
  2. 2023 WWW.MARKIT.EU TAKE THE CHASING OUT OF IT PURCHASING B2B IT PURCHASING GROWTH B2B IT purchasing continues to explode in scope. With product prices dropping and the variety of models available for many products is increasing. This in turn requires new levels of efficiency from the purchasing teams. In 2007 our clients ordered more than 11,000 unique IT products. Jump forward 15 years and the number has risen constantly. 2,300,016 products were delivered by Markit in 2022. Our clients span all industries, including a growing number of the Forbes Global 2000 companies: ABB, Danfoss, Continental, AGA (Linde AG), Coca-Cola, Ericsson, MetLife, Roche, Sanofi, SEB, Johnson & Johnson, Tieto, Rezidor/Radisson, Schott, Siemens, Skype, Telenor, TIKTOK and many more. COMPANY PERFORMANCE Since 2003, Markit has grown from helping a small number of businesses in Estonia to serving thousands of companies in 40 countries in 2022. 2022 revenue for Markit reached 218 million euros with 204 employees. Our RPE of 1.06 million euros (revenue per employee) denotes a highly productive team. ADDITIONAL RESOURCES Read our insights and articles on the Markit blog Download IT procurement reports Markit publications Check the latest Markit news on LinkedIn Explore more on the Markit website GET IN TOUCH AND LET’S TALK REVENUE million euros MARGUS VAHEMÄE Head Of Sales Phone: +372 666 9905 Email: margus.vahemae@markit.eu Markit Holding AS Laeva 1, Tallinn 10011 Estonia GLOBALLY RECOGNISED PARTNER Markit has twice been a shortlisted finalist in the World Procurement Awards in the Procurement Technology Provider category (2022) and P2P Specialist Provider category (2020). In addition, our global client, Danfoss, was shortlisted in 2020 in the External Collaboration category in recognition of the outstanding level of savings they achieved with Markit. Markit became an active participant in the United Nations Global Compact in 2021. 79.2 93.4 111.8 112.1 2021 122.6 178.7 2016 2017 2018 2019 2020 2022 217.8
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