BYOD: A Cost-Saving Must-Have for Your Enterprise

BYOD: A Cost-Saving Must-Have for Your Enterprise

It's Going Everywhere  There was a time when the BYOD craze was believed to be unlikely to make its way into highly regulated industries. However, 35% of all finance and insurance companies have embraced BYOD.

BYOD: A Cost-Saving Must-Have for Your Enterprise

It's Widespread  Still, BYOD is very popular across a wide array of industries, spanning government, software and manufacturing, among others. In fact, 72% of companies now support BYOD.

BYOD: A Cost-Saving Must-Have for Your Enterprise

Few Say No  Given that widespread popularity, it shouldn't be a surprise that only 9% of companies won't support BYOD.

BYOD: A Cost-Saving Must-Have for Your Enterprise

The Trickle-Down Effect  For now, large companies are most invested in BYOD. In fact, 81% of companies with BYOD have more than 2,000 employees, while 60% have more than 5,000 employees and 35% employ more than 10,000 people.

BYOD: A Cost-Saving Must-Have for Your Enterprise

Policy Change, Anyone?  After implementing BYOD, 77% of companies said they needed to modify some use policies. Another 23% of respondents said they didn't need to modify their use policies, indicating that they were ready for BYOD without knowing it.

BYOD: A Cost-Saving Must-Have for Your Enterprise

International Concerns  Many companies don't support international BYOD because of privacy laws. In fact, only 51% of companies support BYOD outside of the U.S.

BYOD: A Cost-Saving Must-Have for Your Enterprise

Who's Paying?  When BYOD comes to the office, the company isn't necessarily paying. In fact, 50% of respondents said their employees cover all BYOD costs.

BYOD: A Cost-Saving Must-Have for Your Enterprise

A Little Stipend  In order to kick-start BYOD, 25% of companies offer a stipend to encourage participation and help cover costs. Another 20% of companies allow employees to expense their mobile service costs.

BYOD: A Cost-Saving Must-Have for Your Enterprise

Monthly Expenses  Companies that cover the cost of BYOD should budget $80 per device each month to cover voice and data plans.

BYOD: A Cost-Saving Must-Have for Your Enterprise

Real Savings  BYOD helps companies save a lot of cash. With 50% of companies asking employees to pay all mobile device costs, they're saving nearly $1,000 a year per employee in just service costs.