Tony Olvet is Group Vice President of the research analyst team at IDC Canada. He is responsible for managing the services and research direction of the technology market analysts in Canada. Mr. Olvet is also a member of IDC Canada's Senior Leadership Team.
The analyst team that Mr. Olvet manages helps technology vendors, IT professionals, and business executives make fact-based decisions on technology marketing, deployment and strategy. He has researched and presented on a variety of industry topics including mobility, cloud computing, and top executive technology priorities.
Areas of Expertise (4)
Associated IDC Services (3)
- Canadian ICT Executive: Digital Transformation Strategies
- Canadian Internet of Things Ecosystem and Trends
- IDC Canada Senior Leadership Team
University of Toronto: M.A., Economic Geography
University of Waterloo: B.E.S, Geography
Media Appearances (18)
Why business leaders must cultivate digital change agents
Globe and Mail
By now the buzzwords are familiar: artificial intelligence, machine learning, the internet of things, big data, blockchain. While most people have a vague sense of the potential impact these technologies will have, Canadian business leaders must turn potential into results.
A wave of change is washing over business, and the implications are significant. As Canadian enterprises face the challenges of new global competition, shifting customer demands, economic uncertainty and an ever-quickening cycle of innovation, decision-makers must build a digital transformation road map.
Q&A: IDC Canada lead on the top 5 paths companies can take to digital transformation
Tony Olvet is a senior researcher with IDC Canada, which story made headlines recently after the Financial Post wrote that a recent study had concluded that 77 per cent of Canadian retailers have no innovation strategy in place.
Canadian firms at risk of falling behind on digital transformation, IDC study finds
New research from IDC Canada finds that Canadian executives need to embrace digital transformation and risk-taking to remain globally competitive, and the rate of adoption varies widely when it comes to major tech trends.
Opportunities abound in a 5G world
IT World Canada
On June 14 you can join IDC and Rogers for a stimulating discussion about the future of wireless in Canada and how it will impact your business. Tony Olvet, Group VP Research at IDC Canada, and Thomas A. Turner, Senior VP of Rogers will be presenting.
Shaw employees say atmosphere is grim following massive buyout offer
On January 29th, Shaw employees received a surprising internal memo from the company’s president, Jay Mehr.
In the memo, Mehr wrote that Shaw was volunteering to buy out 6,500 employees, or an estimated 46 percent of the company’s current workforce.
What CIOs really need to know about IDC’s 2018 predictions
IT World Canada
IDC Canada released its predictions for 2018 at the end of last year, but further elucidated on what that CIOs should really do about them in a presentation in Toronto last week.
IDC Canada predicts AI speakers will be in over one million Canadian households by 2018
Smart speakers will begin hitting the Canadian market en masse by the end of 2018, IDC Canada predicts. The Canadian arm of global research and analysis firm International Data Corporation (IDC) has released its top predictions for information and communication tech (ICT) in 2018, and one of its most noteworthy predictions is that one million Canadian households will have standalone intelligent assistants by 2019.
Canadian business executives underestimate the impact of digital transformation
IT World Canada
Only 22 per cent of Canadian business executives think that digital transformation will disrupt their enterprises, according to a new IDC survey.
“Business leaders have a less urgent view of digital transformation (DX) as compared to their IT counterparts,” said Tony Olvet, Group VP of Research, at IDC Canada. More than half of IT executives see a disruptive impact coming, he said. Olvet was presenting the findings of IDC’s annual top executives in Canada survey at an ITWC webinar.
Canadian Companies Need to Care More about Digital Customer Experience According to New IDC MaturityScape Benchmark on Digital Transformation
International Data Corporation (IDC) Canada announced today the release of a new report assessing Canadian enterprises' maturity and progress in implementing digital transformation initiatives and products across their organizations. IDC MaturityScape Benchmark: Omni-Experience Digital Transformation in Canada, 2017 (IDC #CA42445617) focuses on the first dimension of digital transformation, and is a follow-up report to IDC MaturityScape Benchmark: Digital Transformation in Canada, 2016 (IDC #CA41078216, May 2016).
The digital drag
The Globe and Mail
Just 38 per cent of Canadian companies are executing on a digital strategy that will keep their businesses current and ward off disruptors, according to an IDC Canada and SAP Canada report, released in April, that surveyed 300 senior leaders, including IT and chief investment officers, at companies across the country.
“That’s a cause for concern,” says Tony Olvet, group vice-president of research for IDC Canada. “There needs to be less talk and more action.”
Industry consortium including Deloitte, SAP and AWS founded to accelerate ‘digital transformation’
Digital transformation — the adoption of digital technologies such as cloud, big data, mobile, and social networking — has become a key differentiator in our increasingly global business environment. With 2016 IDC research telling us that 63 per cent of large Canadian organizations are digital laggards who are resisting (21 per cent) or just beginning to explore (42 per cent) a digital transformation, 10 organizations have come together to help companies accelerate the move and become more globally competitive with the launch of DXagents.
Digital Transformation is a marathon, not a sprint
IT World Canada
Over the past 12-18 months, many organizations have initiated digital transformation strategies and are beginning to enjoy financial and business benefits.
But it is a long journey, and others early in the process are still asking key questions around processes, business models and technology strategies.
Canadian enterprises aren’t prepared for digital transformation: IDC
IT World Canada
While Canadian organizations have clued in that digital transformation can be the key for future business success, many firms still lack the requisite digital expertise to compete on a global level, according to a recent report.
Adapting to the Digital Economy Requires Strategic Leadership
The Globe and Mail online
Corporate Canada could learn a thing or two from the manager of a Blockbuster video chain – if they could find one. Digital transformation is upending a growing number of legacy industries, catching many leaders and their workers unprepared. Some are trying to piece together their businesses and livelihoods. Others are giving up completely....
Is your business at risk?
Wealth professional online
In a release, Tony Olvet, the group vice president of IDC Canada, outlined what he believes is the worrying nature of these results.
“Two-thirds of Canadian executives are either not currently feeling a competitive threat or their customer base hasn’t radically changed,” he said. “However, for many of these organizations, digital transformation is inevitable and missing or ignoring threats and opportunities is a risky position to take...
The age of digital transformation is here, but are Canadian businesses ready?
IT World Canada online
IDC notes the third platform represents millions of apps, billions of users and trillions of things — and a DX strategy can be a key to business success. It’s a forward-looking business mindset where technology is viewed as a key source of competitive advantage and fundamentally changes how IT is managed and funded, according to Tony Olvet, group vice president of the research analyst team at Toronto-based IDC Canada. According to Olvet, DX is an innovative business approach in creating, selling, delivering, or consuming products or services with increased agility, flexibility, and scalability...
Canadian telecom companies aiming to crack into cloud services
The Globe and Mail online
Tony Olvet, group vice-president of research at IDC, says the market for cloud-based services is “growing rapidly” as companies, which have already become comfortable using Web-based software applications, are now spending money on more complex solutions such as outsourcing servers and other computing infrastructure...
IDC’s Canadian IoT forecast makes the smartphone market look small
IT World Canada
IDC Canada is projecting the market for products and services related to the Internet of Things will reach $21 billion within four years, driven by the hope among CIOs that it will boost productivity and reduce complexity, the research firm said Thursday.
Speaking at IDC Canada’s 30th anniversary celebration in downtown Toronto, IDC Canada group vice-president Tony Olvet unveiled the firm’s first major Canadian Internet of Things (IoT) report, which details a market worth $5.6 billion today. Olvet told the room of mostly local technology vendors that IoT revenue will grow at 30 percent CAGR, providing the business case for projects is crystal-clear.
Event Appearances (5)
IDC Canada Predictions 2018
CIO Association - Calgary Chapter Kick-off Calgary
IDC Canada Predictions 2018
CIO Association - Vancouver Chapter Kick-off Vancouver
IDC Canada Predictions 2018
CIO Association - Toronto Chapter Kick-off Toronto
Canadian Top Executive Survey, 2017: Aligning Business and CIO Priorities in the Digital Economy
CIO Association - IDC Canada's Top Executive Survey Results Toronto - Web conference
Driving DX in Canadian Enterprise: Addressing - Five Big Questions
IDC Directions 2017 Canada Toronto
This IDC Survey presents key findings about the state of digital transformation (DX) in Canadian medium-sized and large enterprises. The short presentation looks at DX progress to date, digital road map plans, inhibitors to technology adoption, challenges to DX progress, organization structure, DX metrics, and IT-related KPIs. It provides insights to help vendors, providers, and partners build awareness and solutions around DX and allows Canadian businesses to compare DX approaches to their peers. The survey data comes from IDC Canada's Business and IT Advisory Panel (BITAP) Survey in August 2018.
"Business and IT leaders in Canadian enterprises are coming to grips with the reality of implementing new technology to meet their digital transformation goals across the enterprise. In Canada, we are seeing only modest progress around DX, as too many IT organizations face competing priorities to successfully deliver business outcomes beyond individual digital projects," stated Tony Olvet, group vice president research, IDC Canada.
Tony Olvet, Rob Burbach
This IDC Presentation presents the results of IDC's 2017 Canadian Top Executive Survey, which focused on the theme of aligning business and CIO priorities in the digital economy. The survey looks at how technology is being implemented in large Canadian organizations, with a focus on what is working and what needs to be improved. This Presentation examines several aspects of digital transformation, comparing and contrasting viewpoints from IT leaders with other line-of-business executives on topics like digital strategy, IT's role in the organization, alignment on the importance of different technologies, and also what this all means for career development in IT.
Lars Goransson, Tony Olvet
This IDC Market Presentation explores IDC Canada's ICT predictions for 2018 and was originally presented as a web conference on December 6, 2017. Thought leaders Tony Olvet and Lars Goransson highlighted the most dynamic information and communication technology developments in the tech world that will impact the Canadian tech industry's ability to grow and compete. Key topics explored are: cybersecurity, platform as a service, managed cloud services, Smart Cities, blockchain, artificial intelligence (AI), data as a service, innovation, intelligent assistants, and augmented reality.
Tony Olvet, Shane Schick, Jason Bremner
This IDC Market Perspective looks at priorities of CMOs through two related research initiatives in Canada: a functional area survey of marketers and a detailed research roundtable with CMOs. While technology and new applications are designed to help marketing leaders be more effective in their roles, CMOs find the list of competing priorities challenging to manage in this era of rapid change. There is no shortage of tools available for CMOs to use in digitizing the way marketing is done.
"The consensus point of view of the CMO roundtable was that marketers need to find a balance between digital skills and creative skills to achieve success in the increasingly digitized economy," according to Tony Olvet, group vice president, Research. "Technology vendors can assist by addressing marketers' pain points and by demonstrating what's worked among their peers."
This IDC Market Note offers a Canadian view of the highlights from the annual SAS Inside Intelligence analyst conference 2017. Spanning two and a half days, the conference offered a range of formal presentations, one-on-one analyst/executive sessions, a variety of product demonstrations, and informal opportunities for connections with SAS executives and SAS customers.
This IDC Survey examines the results from IDC's 2016 North American Functional Area Technology Spending Survey in which CEOs, presidents, general managers, and managing directors of Canadian organizations were surveyed. This survey examines views from this group of executives with respect to digital transformation (DX) and compares this group's responses to the other functional executives included in the overall sample to highlight differences in views on DX issues. IDC is focusing on DX in this document as our 2017 Canadian ICT predictions identified a digital divide forming among enterprises that will increasingly garner interest by CEOs and corporate boards of directors because of DX's impacts on innovation, growth, and global competitiveness.
This IDC Insight is intended to provide some observations and considerations of president-elect Donald J. Trump's administration on the Canadian ICT sector. Given the unpredictability of the situation, IDC is not making any definitive forecasts but rather offering viewpoints of what to look for in the next several months, and the potential impacts. The insights are intended for ICT vendors and anyone with an interest in telecom and internet policy, technology trade, innovation, R&D, outsourcing, and IT talent management.
This IDC Presentation provides a recap of our Canadian predictions web conference held on December 7, 2016. IDC Canada's predictions track one of the biggest ICT stories of our time: the continuing emergence and evolution of the 3rd Platform and the focus on digital transformation (DX).
Thought leaders Tony Olvet and Lars Goransson highlighted the most dynamic information and communication technology developments in the tech world that will impact the Canadian tech industry's ability to grow and compete. Covering economic, business, and technology trends, this IDC Presentation arms technology professionals from both end-user and vendor communities, with unparalleled insight into the industry outlook for the years ahead.
Key topics explored include:
-Digital transformation: Mobile engagement and beyond
-Cloud tailored for DX: More intelligent, industry-focused clouds
-AI and cognitive computing in applications and services
-Automation in Canadian business and IT operations
-Cloud security: A shared responsibility
This IDC study crystallizes IDC's thinking around a set of key drivers and predictions relating to cloud computing that IDC believes have the potential to dramatically alter the business ecosystem for the next 12–36 months. It provides a basis for understanding some of the changes that will shape business and IT strategy in the coming years.
This IDC Presentation reviews the results from the Canadian channel cloud impact survey. Along with CDN, IDC conducted an in-depth study of the channel to determine how they are faring given rapidly changing market dynamics. We analyze their revenue (top and bottom line), sales cycle, implementation speed, and other business metrics against their ability to absorb and sell new technologies. Further, we look at the perceptions of the vendors they work with, their planned investments, maturity level around cloud, and a host of other aspects of their business. Our focus this year was on cloud. There are key learnings for vendors looking to optimize their channel programs to align both to channel maturity and to customer demand. Moreover, those in the channel can learn about cloud-related actives of their peers and how to best advance their business.
This IDC study is designed for IT and business leaders and functional leaders as well as their teams that are responsible for the creation and delivery of business capabilities. This study presents the results of IDC's 2016 Canadian Digital Transformation MaturityScape Benchmark Survey and should be viewed as a supplement to IDC MaturityScape: Digital Transformation (IDC #254721, March 2015). Together, the two studies provide a comprehensive overview of IDC's digital transformation (DX) maturity model:
This IDC Insight discusses the Cisco Partner Summit held in San Diego from February 29 to March 3, 2016, and the more important channel strategy and program announcements shared by the vendor's executive leadership.
This IDC Presentation provides a snapshot highlighting the impact on energy sector ICT investments. The core assumptions underpinning the IDC's forecast for the oil and gas sector have significantly deteriorated in the past six months. The key changes are at the macroeconomic level:
Oil is now expected to stay lower for longer. The consensus economics prediction of "bottoming out" at $40 per barrel has been invalidated. The new consensus for WTI appears to be ~$30 dollar for an extended period before rebounding. Canada's oil sands production will take an even lower price.
The damage is spilling into other industry sectors. Alberta's public sector is dealing with significantly lower royalty revenue; construction firms have fewer opportunities; Alberta's commercial and industrial real estate looks overbuilt; Calgary's financial services and legal sector is heavily overweighted to the energy patch; and regional consumer confidence is being negatively affected, impacting the retail and wholesale industry.
This IDC Presentation offers guidance to ICT vendors on surviving in the downside of the commodity cycle — what to do when the bubble bursts? It is a follow-up to IDC Canada's recently published Oil Price Crunch: How Will the Canadian Energy ICT Market Respond to "Lower for Longer" Oil Prices? (IDC #CA41032416, forthcoming).
This Presentation contains two main components. First, it recaps the economic environment that we're now confronted with. Second, it offers vendor guidance on the following:
- Client devices such as PCs, tablets, and mobile phones
- Infrastructure hardware including servers, storage, network equipment, and printers
- Software including applications, development, and deployment as well as systems infrastructure
- Services including outsourcing, support, training, and professional services
- Communication service providers
The market has changed, and successful account management needs to embrace this to succeed in this tougher landscape.
This IDC Presentation offers guidance to CIO and other IT decision makers on surviving in the downside of the commodity cycle — how to make good choices after the bubble burst. This Presentation is a follow-up to IDC Canada's recently published Oil Price Crunch: How Will the Canadian Energy ICT Market Respond to "Lower for Longer" Oil Prices? (IDC #CA41032416, forthcoming).
This Presentation contains three components. First, it recaps the economic environment that we're now confronted with. Second, it provides short-term, medium-term and long-term guidance by hardware, software, services, communications, and internal staffing. The final section notes IDC Canada's advice for "what to do and what not to do" in this crisis.
The market has changed, and successful CIOs need to embrace this fact to succeed in this tougher landscape.
This IDC Presentation was originally held as a Web conference on December 3, 2015. It covers economic, business, and technology predictions and trends shaping 2016. It arms technology professionals from both end-user and vendor communities, with unparalleled insight into the industry outlook for the year ahead.
Key topics to be explored include: Digital transformation (DX), Hybrid cloud, Internet of Things (IoT), Mobile and business apps, Security, Cognitive computing, and Connected life.
IDC also provides a forecast on the most significant ICT disruptions we foresee emerging in the Canadian landscape over the next five years. Please note this IDC Presentation includes detailed speaker notes.
Tony Olvet, Patty Bu, Leslie Hand
This IDC study enables organizations to compare maturity against peers, pinpoint where peers are more advanced, and identify the benefits achieved as one moves to more advanced stages. Intended readers are CIOs, CMOs, customer experience leaders, digital executives, IT managers, and vendors of technologies and services that enable digital transformation.
"This study reveals that omni-experience is an area of needed development among Canadian organizations. At the heart of the digital transformation discussion is customer experience, and Canadians expect a better customer experience in-store, online, and on mobile and social channels, not just in retail but across all industry sectors," said Tony Olvet, group VP of Research for IDC Canada.