Markit is an international B2B IT product marketplace and procurement solution used by over 10,000 companies to reduce IT purchasing costs. Through Markit's platform, purchasing professionals can access competitive prices on over 3.6 million IT products from major distributors. On average, Markit clients save 12.5% on product costs and spend less time on IT purchasing. Markit has grown to serve over 10,000 active clients in 36 countries.

1. 2021
WWW.MARKIT.EU
10,000+ companies use Markit to
save time and money on their IT
hardware & accessory purchases.
Markit helps its clients succeed in reducing the
total cost of their IT purchasing in a way that is
simple, efficient, smart and secure.
IT purchasing professionals compare real time,
competitive, prices and delivery times for 3.6 mil-
lion IT products sourced from the world’s leading
IT distributors. Our clients measurably and signifi-
cantly reduce the amount of time they spend on IT
purchasing and save an average 12.5% on their IT
product costs.
FACT SHEET
MARKIT BY NUMBERS 2020
121 Employees 10,100+ Active clients
36 Countries 2,000+ Loyal clients
325 IT distributors 400+ Forbes 2000
3.6 M Products in
catalogue
12.5 % Avg. product
price savings
2.95 days Average
delivery time
91 % Delivery
accuracy
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 3.6 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 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.
International B2B IT product marketplace and
procurement solution in 36 countries
Real transparent pricing with
no hidden costs.
Markit clients can choose to pay a small, fixed per-
centage on top of the distributor price for all their
IT purchases or a flat monthly fee based on project-
ed 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. 2021
WWW.MARKIT.EU
TAKE THE CHASING
OUT OF IT PURCHASING
B2B IT PURCHASING GROWTH
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 more than 11,000
unique IT products. Jump forward 13 years and
the number has risen constantly and in 2020 over
1,700,000 products were delivered by Markit.
CLIENTS
Our clients span all industries and include 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 working
with 10,000+ clients in 36 countries in 2021.
2020 revenue for Markit reached 122.6 million
euros with 120 employees. Our annual RPE
(revenue per employee) of more than one million
euros denotes a highly productive team.
ADDITIONAL RESOURCES
Read our insights and articles on the Markit blog
Check the latest Markit news on LinkedIn
Explore more on the Markit website
Get in touch
and let’s talk!
51.0
63.4
79.2
93.4
111.8 112.1
2014 2015 2016 2017 2018 2019 2020
REVENUE
million euros
MARGUS VAHEMÄE
Head Of Sales
Phone: +372 666 9905
Email: margus.vahemae@markit.eu
Markit Holding AS
Jalgpalli 1, Tallinn
11312 Estonia
122.6
GLOBALLY RECOGNISED PARTNER
Markit was shortlisted in the P2P Specialist
Provider category of the 2020 Wold Procurement
Awards. In addition, our global client, Danfoss,
was also shortlisted in the External Collaboration
category in recognition of the outstanding level of
savings they achieved with Markit.