MarkIT

MarkIT is an e-purchasing system for IT goods in the Baltics.

MarkIT is an e-purchasing system for IT goods in the Baltics. Markit was born in Tallinn, Estonia. The company started with the drive of the founders to change IT purchasing forever - to make it simple, transparent, open and efficient. Starting off in 2003 the company quickly established itself as a regional market leader in the Baltics for B2B IT purchasing. The idea was simple – provide companies with a service that would enable direct purchasing of IT products from the distributors. Previously the usual model for acquiring IT products meant asking multiple quotes from re-sellers or announcing a tender with a process that took months to pursue. At the same time the commoditisation of IT products had fast begun and Markit was marshalling the change.