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MARKIT 2019 – The Year in Focus 

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It’s been another excellent year at MARKIT, a year about consolidation, expansion and of getting even better at helping our clients succeed in reducing their total cost of IT purchasing. A lot of time and money has been focused on enhancing the Markit IT purchasing system, growing the marketplace and developing back end infrastructure. These positive steps have helped push our average NPS (client satisfaction rating) up to 64.5. We move onwards and upwards towards 70%. The sign of truly world class performance. Looking back here are some of the key highlights of 2019, with links for further reading. 

January 

The year started with a bang as we celebrated a major milestone. Over €100M revenue with 100 employees. 2018’s annual revenue of 111.8 million euros, was up 20% from 93.4M in 2017 - ​​​​​​​MARKIT 2018 PERFORMANCE RESULTS  

February 

After opening our first APAC operations in Q4 2017 we were pleased to welcome our first clients from Singapore and Australia. Having a footprint in APAC means we are now able and to begin to serve the demand from our growing base of international clients with a presence in the region. 

MARKIT APAC EXPANSION BRINGS TRANSPARENT IT PROCUREMENT TO SINGAPORE & AUSTRALIA

March 

Markit development team announces a raft of enhancements - ​​​​​​​IT PURCHASING JUST GOT EASIER. FASTER. MORE EFFICIENT.

Markit China receives its first orders. 

April 

Markit Mexico opens to increase our North American footprint, with the first orders received just days after opening. 

May 

New Markit HQ plans completed, it will be ready end of 2020. The customised and larger HQ will create a bigger, and even better, environment for our Estonia-based teams and visiting guests - ​​​​​​​MARKIT GLOBAL HQ IS MOVING IN 2020 TO PORTO FRANCO TALLINN​​​​​​​

June

Increased client demand leads to Markit Romania office opening and team expansion under new Country Manager, Sorin Dimofte.

July 

We started to increase our social footprint to share our news and views. You can now follow Markit on Linkedin, Twitter and Slideshare or view all our blog articles

August 

We delivered our 10 millionth IT product. An impressive milestone. 

September 

In line EU directives we upgraded authentications measures in our marketplace - ​​​​​​​MARKIT FULLY COMPLIANT WITH SCA REQUIREMENTS  

October 

2020 Markit expansion plans announced: BRAZIL, INDIA, INDONESIA AND SERBIA NEXT 

Markit France impresses delegates at key CIO conference in Paris - ​​​​​​​MARKIT FRANCE & SOGEFI CLAIM TOP SPOT AT CIO CONFERENCE  

November 

November. Was. Hectic. But Amazing. 

Our CEO Andres handed the External Collaboration Award to Saudi Telecom Company in Singapore plus, he also presented the case for PRODUCTIVITY AS A COMPETITIVE ADVANTAGE at SEB’s Baltic CFO Forum 2019.

Our Head of Development, Peeter and Head of Operations, Pirje went to USA and China for high level meetings to further develop our strategic partnerships and expansion plans in two of the world’s largest markets - ​​​​​​​FROM USA TO CHINA – MARKIT'S GLOBAL REACH  

“The Three Markiteers” went to London as part of our support for Procurement Leader’s Data Intelligence & Technology Forum – and heard how CORPORATE IMMUNE SYSTEMS ARE STIFLING INNOVATION IN PROCUREMENT.

Markit Norway impresses the Scandinavian marketplace with an important award win - ​​​​​​​MARKIT NORWAY WINS THE GOLD KEY AWARD AS BEST B2B MOBILE RESELLER IN NORWAY  

December 

In first of many guest posts and interviews we hope, we asked Steve Hrubala, Chief Property & Procurement Officer at the National Australia Bank Group, his thoughts about the savings trap in IT procurement

Last but by no means least, Markit Serbia opened its doors for business.

As the year closes and we look ahead to 2020 we’d like to say a special thank you to all our valued clients who have trusted us to turn their IT purchasing challenges into long-term successful money and time saving projects. 

We wouldn’t be in 33 countries serving 9,000+ clients without the smooth cooperation of hundreds of partners and our amazing 130+ Markiteers who make it all happen. 

More than 20% of Forbes Global 2000 and Fortune 500 companies are already using Markit for their IT purchasing. 

So, thanks again to all of you, and all of us too.