MarkIT: web based IT reseller without any competitors
Story byToivo Tänavsuu
Journalist and blogger Toivo Tänavsuu is from Estonia and just released his new business, IT and innovations weblog about “enterprises, roar(show all)Journalist and blogger Toivo Tänavsuu is from Estonia and just released his new business, IT and innovations weblog about “enterprises, roaring like tigers”,TigerPrises.com. He shares some of his best stories on The Next Web.
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Quite a success story, uh?
The system is used by more than 15 000 companies already. They no longer have to ask for multiple offers from different resellers, when in need for IT equipment. MarkIT gives a good online overview of not only what is available, but also when is avalible.
In the end of 2007 MarkIT conducted a short survey in The Baltics. More than 50 companies – among others Skype Technolgies, Tele2, Estonian Energy, Swedbank, Ernst&Young, Electrolux, PriceWaterhouseCoopers etc – were asked “Do you believe that MarkIT helps to save time and money on IT purchasing in your company?” The answer, on the scale of 1-10, was 8,99.
MarkIT is growing like crazy – last year’s turnover of about 20 million EUR will be exceeded by about 7 million EUR this year. The amount of frequenters has increased by 30 percent in one year. New annual sales target is set for 60-70 million EUR (1 billion EEK).
No competitors? Oh, come on…
When asking Margus Pahtma, the marketing manager of MarkIT about the European IT stuff market, he says that despite the fact there are many resellers, he doesn’t know of any other Internet-based players with such a large scale business as MarkIT. If you know any competitors, let us know bt commenting the post.
MarkIT is a portfolio company ofAmbient Sound Investments(The Skype founders) and JPF Holdings (Jaan Pillesaar, owner ofHelmes).