Key Markit facts and figures
What we do and who we are.
Key numbers and other data from 2019.
All about Markit and how we are helping thousands of companies succeed in reducing the total cost of their IT purchasing in a way that’s simple, efficient, smart and secure.
Markit provides IT purchasing
solutions to international and
Markit helps its clients succeed in reducing the
total cost of their IT purchasing in a way that’s
simple, efficient, smart and secure.
Markit online IT procurement system allows
companies to compare prices and delivery times
for 3.4 million unique IT products (2020) sourced
from the world’s leading IT distributors.
Clients buy at competitive, transparent prices
and, at the same time, significantly reduce the
amount of time they spend on their IT purchasing
MARKIT BY NUMBERS
132 Employees 9 500+ Active clients
35 Countries 2 000+ Loyal clients
325 IT distributors 400+ Forbes 2000
3.4 M Products in
12.5 % Avg. product
2.65 days Average
91 % On-time
Functionality designed for the
key needs of IT purchasing
TOP 10 MARKIT FEATURES
CENTRALISED IT E-PURCHASING PLATFORM
FOR MULTIPLE COUNTRIES AND ENTITIES
CUSTOMISABLE CATALOGUE OF 2.8 M
PARAMETRIC AND SMART SEARCH TOOLS
LOCAL-TO-LOCAL AND CONSOLIDATED
REAL TIME PRICE, STOCK AND DELIVERY DATA
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 ARIBA, COUPA ETC.
LOCAL LANGUAGE BUSINESS SUPPORT
CUSTOMISABLE USER ROLES AND
The Markit IT purchasing solution is a secure in-
ternet based system that operates as stand-alone
platform. It also integrates with all major ERP and
procurement platforms for punchout integration.
Markit releases new, and refines existing,
features on a regular basis.
Real-time marketplace for IT products with
local to local deliveries in 35 countries
Real transparent pricing with
no hidden costs.
Markit clients pay a small fixed percentage on
top of the distributor price for IT purchases (open
margin) or they can pay a flat monthly fee based
on projected volumes (fixed fee).
There are no additional costs: no fees for set up,
licensing, integration (e.g. punchout or SRM),
consultancy or proactive account management.
TAKE THE CHASING
OUT OF IT PURCHASING
IT PURCHASING TRENDS
B2B IT purchasing is exploding in scope. Product
prices are continually dropping while the variety
of models available for many products are
increasing fast and new products are coming to
market every day. This in turn requires new levels
of efficiency from the purchasing teams.
In 2007 our clients ordered 11,366 distinct IT
products. Jump forward 13 years and the number
has risen to 310,092. That’s an increase of over
2 700 %.
It is essential that B2B IT vendors make it quick
and easy for their clients to buy from their online
More than 20% of the Forbes Global 2000
companies use Markit in their IT purchasing.
Clients of all industries include the likes of
ABB, Danfoss, Continental, AGA (Linde AG),
Coca-Cola, Ericsson, MetLife, Roche, Sanofi,
SEB, Johnson & Johnson, Rezidor/Radisson,
Tieto, Schott, Siemens, Skype, Telenor, TIKTOK
and many more.
Since 2003, Markit has grown from helping a
small number of businesses in Estonia to working
with 9 500+ clients in 35 countries in 2020.
2019 revenue for Markit reached 111.9 million
euros with 110 employees. Our annual RPE
(revenue per employee) of more than one million
euros denotes a highly productive team.
Read our insights and articles on the Markit blog
Check the latest Markit news on LinkedIn
Explore more on the Markit website
Read client success stories Markit website
Get in touch
and let’s talk!
Dramatic decrease of IT products prices
1 318 EUR
2013 2014 2015 2016 2017 2018 2019
Head Of Sales, Markit
Phone: +372 666 9905
Markit Holding AS
Jalgpalli 1, Tallinn
2 158 EUR
1 426 EUR
Data from Markit: TOP3 products in category for B2B client purchased in a year by quantity / average price.