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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