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Companies Are Taking a Step-by-Step Approach to Digitising IT Procurement 
At Markit we are seeing growing interest from large international companies who want or need to save time and money on their IT purchasing requirements and processes. Indeed, most companies have, or should have by now, some form of digit...

 

Saudi Telecom Company Win Procurement Leaders APAC External Collaboration Award 2019 
Congratulations to Saudi Telecom Company’s procurement team! In Singapore last week, Saudi Telecom Company’s (STC), lead by Head of Technology Procurement, Hani AlSaigh beat off strong competition to win the Asia Pacific Procurement Exte...

 

Productivity as a Competitive Advantage 
Markit CEO, Andres Agasild recently spoke at SEB’s Baltic CFO Forum 2019 about productivity as a competitive advantage. The Forum is a good example of SEB’s Mission in action. 

 

Are EMEA Procurement Leaders (Still) Lacking Support?
Based on findings from recent surveys we have to ask... Are some EMEA procurement professionals not feeling as supported, as they would like to be, by executives within their own companies? Is so, we empathise with them, procurement is a...

 

From USA to China – Markit's Global Reach 
Let’s face it, China and USA are huge. Huge markets and logistically challenging too due to the massive distances involved. Even though we have experience of setting up operations in 33 countries already, China and USA are special cases ...

 

Corporate Immune Systems are Stifling Innovation in Procurement  
“The Three Markiteers” went to London - our Italian and French Country Managers Giorgio Luciani and Steve Barraud plus Head of Sales, Margus Vahemäe - where Markit participated as a showcase partner at Procurement Leaders’, Data Intellig...

 

Markit Leads the IT Procurement Discussion in Poland
Jon Kolasinski, Country Manager at Markit Poland led a round table discussion focusing on global trends in IT procurement at Poland’s largest procurement event, Procon/Polsak 2019. 

 

Markit Wins Gold Key Award in Norway 
“The award for this year's business transformer goes to a reseller who has so far been the largest in IT, but who now wants to take a bigger role in telecoms. Markit is a solid reseller that delivers very good results and has won great t...

 

Inch by Inch, the CPO Transforms - Digitally 
CPOs who want to lead their companies on an ambitious, disruptive and profitable journey would be wise to start in areas where gains are easily demonstrated and to collaborate with an experienced partner. 

 

Industry Opinion: How Should CPOs and CIOs Evaluate Enterprise Solutions? 
A recent article on CPO Rising by Andrew Bartolini & Matthew York of Ardent Partners talks about reviewing enterprise technology and we take that to include reviewing possible IT purchasing solutions.

 

Markit & Sogefi Claim Top Spot at CIO Conference 
Markit’s message describing how international companies can reduce their total cost of IT purchasing went down very well at the CIO event “"The DSI, from cost killer to FinOps - Optimize budgets and service levels" in Paris last week

 

Markit Expansion Plans: Brazil, India, Indonesia and Serbia Next 
Looking at the interactive map below you can see Markit is active in 33 countries where we fulfil the IT purchasing requirements of 8000+ international clients, including 20%+ of the Global Forbes 2000.

 

Markit Partners with the Data Intelligence & Technology Forum 2019 in London 
Join us in London at the Procurement Leaders, Data Intelligence & Technology Forum 6-7 November and save 15% off the registration fee with VIP code DIT19MK.  

 

Markit Fully Compliant with SCA Requirements 
As of September 14, 2019, Strong Customer Authentication (SCA) requirements, part of the revised EU Revised Payment Services Directive (PSD2) regulations, mandate that additional authentication measures be performed on applicable online ...

 

Punchout Catalogue Integration 
Punchout integration is increasingly demanded as must-have functionality for any B2B IT provider as clients seek to automate online IT purchasing to save time and money.

 

Transparent IT Purchasing: From Data to Insights to Action and Results 
The ideal indirect IT purchasing solution incorporates various transparency components.

 

Asia Pacific Procurement Awards 2019 Shortlist 
We are happy to announce that Markit is supporting the Asia Pacific Procurement Awards again for second year running!

 

Digital Procurement Reports 2018-9
We read a lot of digital and IT procurement reports, white papers etc. It’s important to keep up with the trends in IT purchasing. To save you some time here are some of the key take outs from 3 important 2018/9 reports based on surveys ...

 

Innovation and Value in Digital Procurement 
According to The Deloitte Global Chief Procurement Officer Survey 2018 (504 procurement leaders from 39 countries took part, representing organisations with a combined annual turnover of $USD5.5 trillion.) a clear shift in procurement fo...

 

Why E-auctions Fail for International IT Hardware and Accessories Purchasing 
Reverse auctions in B2B purchasing are on the rise, there’s no denying that.  There is an important role for reverse auctions for some products and circumstances, but not for IT hardware and accessories. 

 

Understanding Maverick Spending in IT Purchasing & Procurement 
Based on client feedback, and data analysis of indirect IT procurement spending, by 1000+ companies over the past 10 years, Markit has identified the causes and trends in maverick IT spending.

 

Markit 2018 Performance Results and Future Outlook 
After another successful year of significant and profitable growth we reached and surpassed and important target in 2018 - completing a vision we held for 10 years! 100 million euros revenue with 100 people. By the end of the year revenu...

 

Markit global HQ is moving in 2020 to Porto Franco Tallinn
Porto Franco and Markit Holding AS signed an agreement for the new office of Markit to be located in Porto Franco. It will be opened in the autumn of 2020, when the construction of the centre is completed. Markit moves to Porto Franco to...

 

Markit IT Purchasing Solution Now Available in Mexico
Our international expansion continues to Mexico as we seek to increase our North American footprint and serve the demand from our growing base of Forbes Global 2000 clients.  

 

IT Purchasing Just Got Easier. Faster. More Efficient. 
Just because Markit is already trusted both by a growing number of Fortune 500 / Forbes Global 2000 companies in 33 countries doesn’t mean we can’t improve.  

 

Markit APAC Expansion Brings Transparent IT Procurement to Singapore & Australia  
Q4 2018 marked Markit’s first steps into the APAC region with openings first in Singapore (November) and then Australia (December). 

 

Strong results for Markit in 2016
In 2016 Markit had another strong financial year. The organic revenue growth was a record-breaking 16 million euros year-on-year from 63,4 in 2015 to 79,4 in 2016 with net profit close to 500K EUR for the period. This represents 25% grow...

 

Markit acquires 51% majority of ePartner a.s in Norway to become the first choice for Norwegian international companies
PRESS RELEASE Markit has joined forces with ePartner, a leading Norwegian b2b IT e-commerce provider, through acquisition of a 51% stake in the company.  By combining the local strength and volume of ePartner with the IT purchasing syst...

 

Podíl Markit zákazníků mezi Fortune 500 společnostmi se zvýšil na 5%
V roce 2015 jsme v průběhu studie našich zákazníků objevili, že náš nákupní systém používá již 27 globálních společností, které patří do skupiny Fortune 500. Naše vize - stát se světovým poskytovatelem platformy pro IT nákupy u mezinárod...

 

Excellent financial year for Markit in 2015
We had a great financial year in 2015. Our organic revenue growth was 11.6 million euros, up from 51 to 62.6 million  which represents a 22% annual growth rate. Our profit doubled from an uncapitalised investment related loss of -400 000...

 

NOËP moves on top of Warsaw with Markit
The Estonian electronic dance music sensation NOËP headlined the Markit Annual Summit 2016 in Warsaw. At a truly spectacular venue – at the top of a 32 story skyscraper in a roof-tent! Oh yes... The original Estonian rude-boy, high up an...

 

Markiteers meet in Warsaw for the Summit 2016
Markit is a truly international company with operations in 28 and offices in 13 countries. A very important part of our calendar is an annual meeting for the whole company. The full team meets in a all-hands on deck meeting in a differen...