Markit Technographics
Markit Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Markit and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 200 Markit employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Markit has purchased the following applications: SAP Travel and Expense Management for Expense Management in 2015, Vervoe AI Assessment for Talent Assessment in 2021, Adobe Connect for Audio Video and Web Conferencing in 2017 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Markit is running and its propensity to invest more and deepen its relationship with SAP , Vervoe , Adobe Systems or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Markit revenues, which have grown to $196.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Markit intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
Markit Tech Stack and Enterprise Applications
Markit ERP
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| SAP | Legacy | SAP Travel and Expense Management | Expense Management | ERP | n/a | 2015 | 2015 |
In 2015, Markit implemented SAP Travel and Expense Management as its Expense Management solution. The engagement focused on ABAP development across HR and Finance, with HR work delivering targeted enhancements to HR master data infotypes and Finance work concentrating on the posting of travel documents into SAP.
Finance postings had been executed outside the standard T&E application via a standalone complex report, so the project integrated the existing posting logic into SAP Travel and Expense Management and extended the posting areas of Standard T&E to meet bespoke accounting requirements. Implementation activities included configuring T&E posting areas, developing ABAP programs to map travel document data to financial posting objects, and embedding the standalone report logic into T&E posting routines to preserve existing accounting behavior.
The deployment covered HR and Finance functional areas within Markit’s Estonia operations and required coordinated testing between HR data owners and finance controllers. Governance centered on change control for ABAP repository objects and T&E configuration transports, with reconciliation testing of financial postings against the standalone report outputs to validate parity before operational cutover.
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Markit HCM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Vervoe | Legacy | Vervoe AI Assessment | Talent Assessment | HCM | n/a | 2021 | 2021 |
In 2021 Markit implemented Vervoe AI Assessment to automate first‑round interviews and scale candidate screening for sales hiring, deploying the solution as a Talent Assessment tool to support its Italy recruiting needs. The deployment was driven by Giorgio Luciani, the Italy country manager, who needed to grow his sales team from two to three without a local human resources team, so the vendor application was used to run structured, skills‑based hiring workflows.
Markit configured the Vervoe AI Assessment around combined job simulations that evaluated both attitude and technical skills, with emphasis on psychological fit for a remote and road‑based sales team. The solution’s simulation module captured candidate responses to scenario‑based tasks, enabling assessment of problem solving, ethics, and transparency aligned to Markit’s culture, and the platform centralized scoring to surface top performers.
Operationally the recruitment workflow shifted to an assessment‑first model, Markit advertised the role on LinkedIn and collected 216 applications, then used Vervoe AI Assessment to pre‑screen candidates so Giorgio could focus on reviewing the highest scoring simulation responses rather than résumés. This change delegated the initial screening to the Talent Assessment application and consolidated candidate evaluation around standardized simulation outputs, covering the recruitment function for the Italy site.
Governance moved toward manager‑led selection and standardized assessment criteria, with Giorgio running the process end to end and relying on Vervoe AI Assessment results to shortlist interviewees. Markit initially intended to hire one account manager, the platform made it immediately obvious which candidates were the right fit, and the company was able to hire two star sales reps quickly.
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Markit Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Adobe Systems | Legacy | Adobe Connect | Audio Video and Web Conferencing | Collaboration | n/a | 2017 | 2017 |
In 2017, Markit deployed Adobe Connect for Audio Video and Web Conferencing on its website to centralize virtual meetings and client-facing webinars. The implementation used Adobe Connect meeting rooms, webinar hosting, screen sharing, breakout room and recording capabilities to support synchronous client briefings and internal knowledge sessions, leveraging the application’s content management and session persistence features.
Deployment was embedded into Markit’s public site to deliver scheduled webinars and ad hoc client meetings, with operational scope focused on consulting, client services and corporate communications within the 200-person professional services firm. Governance emphasized centralized scheduling, content ownership and recording retention policies, and rollout prioritized account teams and delivery consultants to standardize virtual engagement workflows across the organization.
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Markit CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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CRM | CRM |
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2020 | 2020 |
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Marketing Analytics | CRM |
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2021 | 2021 |
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Marketing Automation | CRM |
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2015 | 2015 |
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Marketing Automation | CRM |
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2014 | 2014 |
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Marketing Automation | CRM |
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2015 | 2015 |
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Marketing Automation | CRM |
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2018 | 2018 |
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Sales Automation, CRM, Sales Engagement | CRM |
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2014 | 2014 |
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Markit TRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Governance, Risk and Compliance | TRM |
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2021 | 2021 |
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Markit PaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Apps Development | PaaS |
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2011 | 2011 |
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Markit IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Application Hosting and Computing Services | IaaS |
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2015 | 2015 |
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Content Delivery Network | IaaS |
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2017 | 2017 |
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Content Delivery Network | IaaS |
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2021 | 2021 |
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Content Delivery Network | IaaS |
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2018 | 2018 |
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Markit CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Secure Email Gateways (SEGs) | CyberSecurity |
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2020 | 2020 |
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Secure Email Gateways (SEGs) | CyberSecurity |
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2020 | 2020 |
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IT Decision Makers and Key Stakeholders at Markit
| First Name | Last Name | Title | Function | Department | Phone | |
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Global Head of IT Business Administration | Director | IT | |
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Vice President, Finance | VP | Finance | |
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Vice President Finance | VP | Finance | |
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Travel Manager | Manager | Operations | |
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Head of IT Integration | Director | IT | |
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Global Software Procurement Manager | Manager | Procurement | |
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Finance Operations Director | Director | Finance | |
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Director, Finance | Director | Finance | |
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Global Procurement Manager | Manager | Procurement | |
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Director, FP&A Financial Controller | Director | Finance | |
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Apps Being Evaluated by Markit Executives
APPS RUN THE WORLD tracks software evaluation trends across 2 million companies worldwide, including buyer insights from Markit IT executives and key decision makers. As part of ARTW Buyer Intent and technographics insights, these findings provide useful visibility into the Markit digital transformation priorities and AI adoption trends.
| Date | Company | Status | Vendor | Product | Category | Market |
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| No data found | ||||||
FAQ - APPS RUN THE WORLD Markit Technographics
Markit is a Professional Services organization based in Estonia,
with around 200 employees and annual revenues of $196.0 million.
Markit operates a diverse technology stack with applications such as
SAP Travel and Expense Management, Vervoe AI Assessment and Adobe Connect,
covering areas like Expense Management, Talent Assessment and Audio Video and Web Conferencing.
Markit has invested in cloud applications and AI-driven platforms to optimize efficiency and growth,
collaborating with vendors such as SAP, Vervoe and Adobe Systems.
Markit recently adopted applications including
Vervoe AI Assessment in 2021, Oracle Moat in 2021 and OneTrust Cookie Consent in 2021,
highlighting its ongoing modernization strategy.
APPS RUN THE WORLD maintains an up-to-date database of Markit’s key decision makers and IT executives,
available to Premium subscribers.
Our research team continuously updates Markit’s profile with verified software purchases,
vendor relationships, and digital initiatives identified from public and proprietary sources.
Subscribe to APPS RUN THE WORLD to access the complete Markit technographics profile,
including detailed breakdowns by category, vendor, and IT decision makers.