There’s no doubt that “bring your own device” (BYOD) is a fast growing global phenomenon, driven by employee demands to use the devices, applications, andÂ cloudÂ services they prefer. BYOD promises tantalizing benefits such as better work-life balance, greater innovation, and improved productivity. Yet some fear that security risks and the complexity of managing so many different personal devices might outweigh the benefits.
It’s all about implementation.
Research from the Cisco Internet Business Solutions Group show that not only do companies experience significant value by embracing BYOD today, there is potential for much added benefit.
An astounding 89 percent of organizations allow their workers to bring their own devices for work. As a result, they are beginning to understand what is needed for successful BYOD, such as secure access, simple authentication, and clearÂ mobilityÂ policies. But this is just the starting point. There is a more strategic approach to BYOD that yields even more benefits, from cost savings and productivity gains to critical time efficiencies.It’s all about implementation.
Our vigorous financial analysis of BYOD was conducted across six countriesâ Brazil, China, Germany, India, the United Kingdom, and the United States. We found that companies in all of these countries are deriving significant value from BYOD today:
- BYOD employees areÂ gaining a global average of 37 minutes of productive time per week. But just as implementation practices vary from country to country, so do benefits.
- The time savings range from 81 minutes per week in the United States to just 4 minutes per week in Germany, where BYOD is viewed more skeptically.
- On average, the current median level of BYOD implementationâ what we call “Basic BYOD”â generates$350 of value each year per mobile employee.
- BYOD will continue to grow, with the number of BYOD devices in the countries surveyed expected to more than double, fromÂ 198 million in 2013 to 405 million by 2016.
- Smartphones are the overwhelming choice of BYOD employees, whoÂ own an average of 1.7 devices for workÂ and have paid $965 in out-of-pocket costs for them.
Not only did we measure the effectiveness and maturity of current BYOD practices, we also wanted to place a value on an ideal BYOD implementationâ a concept we call “Comprehensive BYOD”â to see whether a more strategic approach would yield greater benefits. We found that few companies come close to the comprehensive capabilities we outlined. In fact, the average company today is only about 21 percent along the “value journey” to Comprehensive BYOD.
Big Gains, No Matter Where You Start: Annual Value per Mobile Employee for Basic and Comprehensive BYOD Programs.
Regardless of the starting point, we found that moving from Basic to Comprehensive BYOD has the potential to unleash much greater value:
- BYOD gains skyrocket in a Comprehensive BYODÂ environment, toÂ $1,650 in annualÂ value per mobile employee. With current implementations, companies areÂ leaving $1,300 per mobile employee on the table!
- U.S. companies have even more to gain, withÂ value per mobile employee increasing to $3,150 annually, from $950 per year under Basic BYOD.
- In addition to fostering employee-led innovation,Â 17 percent of the productivity gains of Comprehensive BYOD come from improved collaborationÂ by mobile employees.
- Apart from productivity gains, Comprehensive BYODÂ can pay for itself in hard cost savingsâ primarily in hardware, support, and telecommunications costs.
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