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Markit Shortlisted for World Procurement Awards 2020


This year Markit entered the World Procurement Awards for the first time and we have been shortlisted for the final in the P2P Specialist Provider Category! 

​​​​​​​This is exciting and welcome news for a couple of reasons!

  • It’s the first time an Estonian company has got to the finals of The World Procurement Awards. 

  • It’s the first time a vertical category (indirect IT in our case) supplier has been shortlisted (as far as we know). 

The World Procurement Awards is the “Oscars” of our industry and so we’d like to say a few thankyous: 

  • To all our clients. It’s your success in using Markit to save your companies time and money that has made this possible. In 2019, our 9500+ clients in 34 countries saved an average of 12.5% on IT product prices plus numerous time & efficiency gains in IT purchasing processes, worth millions. 

  • To our Markiteers. It’s our hard work ability to help our clients succeed that make our clients’ results so special and worthy of consideration for a world class award. Our clients gave us 64.5% Net Promoter Score in 2019 (that’s impressive!). We deserve a pat on the back, all 134 of us.

  • To the WPA judges. Thank you for looking beyond horizontal solution providers and have the insight to recognise that the ability to create significant time and money savings in the indirect IT category is an area worthy of shortlisting for the P2P Specialist Provider Award.


I’m extremely proud of our team and clients. Industry recognition follows what we’ve been hearing from our clients for years.

Having Markit as your IT purchasing partner really does solve a significant number of challenging issues globally for IT buyers, CPOs and other key stakeholders related to the IT procurement function.

Andres Agasild, Markit CEO 

And on top of that, one of our major clients, Danfoss has also been shortlisted – for the External Collaboration Award. 

Claus Mikkelsen, Global Category Manager at Danfoss says, “I’d like to thank the World Procurement Awards 2020 judges for shortlisting Danfoss as a finalist in the External Collaboration category for our EMEA project to consolidate and reduce our indirect IT spend  across 28 countries with our partner Markit.

This validates my team’s success in producing savings of 15%, eliminating thousands of hours of IT purchasing process time and creating additional value to support other business functions within The Danfoss Group.”

Read the Danfoss IT Procurement Case Study here.

The full shortlists for P2P Specialist Provider and External Collaboration Awards


Cairn Oil & Gas – Vedanta Ltd, India 

Danfoss Group, Denmark 

Danske Bank, Denmark 

IBM, Global 

Mars, United States of America 

Mondelez International, United States of America 

Narta, Australia 

NHS England & Improvement, United Kingdom 

Olam Palm Gabon 

Petronas, Malaysia 

Saudi Telecom Company, Saudi Arabia 

Schneider Electric, India 

Singapore Telecommunications 

Unilever, Singapore 

Zoos Victoria, Australia 



Ivalua, France 

JAGGAER, United Kingdom 

Markit, Estonia 

Moglix, India 

Precoro, United States of America 

PunchOut2Go, United States of America 

Singapore E-Business 

Source: World Procurement Awards

About Markit 
More than 9500 companies in 34 countries trust and use Markit to purchase their IT products, including 20+% of the Global Forbes 2000 and Fortune 500 companies. Companies such as ABB, AGA (Linde AG), Coca-Cola, Danfoss, Ericsson, Johnson & Johnson MetLife, Michelin, Rezidor/Radisson, Roche, Sanofi, Schott, SEB, Siemens, Skype, Telenor, Tieto, TIKTOK and many more are solving numerous indirect IT purchasing issues with Markit. In 2019 they have saved an average of 12.5% on average market prices and thousands of hours in reduced purchasing process time.   

Our clients compare prices and delivery times in real time in our catalogue of 3 million IT products, sourced from approximately 300 of the world’s leading IT distributors.

In 2019 Markit’s turnover was 112M euros. Markit was founded in Estonia in 2003.