Executive Briefings

Companies Lose a Lot on BYOD. Unless They Are Saving a Lot With It. The Reviews Are Mixed.

Bring your own device (BYOD) has become an accepted practice in business. Gartner predicts that by 2017, half of all employers will require workers to supply their own devices for work. Yet there are mixed reports about whether BYOD actually saves businesses money.

In 2012, the Aberdeen Group found that a company with 1,000 mobile devices spends, on average, an extra $170,000 per year on BYOD compared to the costs of providing corporate-owned phones, mostly due to behind-the-scenes expense-management issues. But then other stories surfaced from the likes of VMware and Intel showing how much they've saved by implementing BYOD programs.

So is BYOD cheaper than issuing corporate-owned phones and tablets, or isn't it? The answer: It depends on how you implement BYOD and how you count and manage expenses and benefits.

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In 2012, the Aberdeen Group found that a company with 1,000 mobile devices spends, on average, an extra $170,000 per year on BYOD compared to the costs of providing corporate-owned phones, mostly due to behind-the-scenes expense-management issues. But then other stories surfaced from the likes of VMware and Intel showing how much they've saved by implementing BYOD programs.

So is BYOD cheaper than issuing corporate-owned phones and tablets, or isn't it? The answer: It depends on how you implement BYOD and how you count and manage expenses and benefits.

Read Full Article