To BYOD or not to BYOD?
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In early 2022, Oxford Economics surveyed 500 executives and 1,000 employees to better understand the different ways SMBs support their workforces with smartphones. The data reveals that the cost and benefit relationship in smartphone strategies is greatly misunderstood.
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To BYOD or not to BYOD?
- 1. To BYOD or not to BYOD? Smartphones, employees, and the bottom line
- 2. Calculating the true costs of Bring Your Own Device (BYOD) In early 2022, Oxford Economics surveyed 500 executives and 1,000 employees to better understand the different ways SMBs support their workforces with smartphones. The data reveals that the cost and benefit relationship in smartphone strategies is greatly misunderstood.
- 3. Most employees don’t get phones Despite smartphones being critical to work, just 15% of SMBs today provide devices to all employees. Smartphones 15% 100% EPD 100% BYOD Hybrid 46% 38% Laptops 43% 100% EPD 100% BYOD Hybrid 31% 25% EPD = Employer-Provided Device BYOD = Bring Your Own Device
- 4. Why not? It’s all about cost But does BYOD really make financial sense? 95% of executive respondents say cost is a significant factor in their mobile strategy. 95%
- 5. Mobile stipends add up BYOD companies are paying nearly as much for mobile stipends as they would spend on mobile service plans. Monthly cost to the organization Monthly stipend (BYOD) Mobile service plan (EPD) $40.20 $42.00
- 6. Managing BYOD isn’t free Considered holistically, BYOD saves SMBs just $340 per year per employee. Annual per-employee cost of a mobile plan $482 $66 $345 Stipends Software Management $212 $504 $60 $458 Connectivity costs Management Software Phone EPD $1,234 $1,234 BYOD $893 $893
- 7. Taking notes on a smartphone by hand using a stylus ordigital pen BYOD EPD 51% 63% Provide employees with mobile resources, and they will use them Additionally, SMBs may be missing out on an untapped potential: employee desire to work via smartphone. EPD 7.9 5.1 BYOD Numberof business apps deployed Using Microsoft Office on smartphone BYOD EPD 45% 57%
- 8. The productivity divide But BYOD comes at a cost, in terms of the benefits businesses accrue from mobile. 0+0+0+0+63+56 Smartphones are important to business agility and speedy decision making BYOD EPD 56% 63% 0+0+0+0+46+29 View themselves as ahead of curve on smartphone use BYOD EPD 29% 46% 0+0+0+0+54+45 BYOD EPD 45% 54% >5% revenue growth 0 BYOD EPD 36% 51% <10% turnoverrate
- 9. Unmanaged smartphones expose security risks Only 40% of SMBs with BYOD policies have Mobile Device Management (MDM) tools, leaving apps and data unprotected. 93% of EPDs have device management tools. 0+0+0+0+0+0+93+40 BYOD EPD 40% 93%
- 10. Explore further 2 Unlock the full arsenal of device capabilities for employees. Maximizing mobile value requires employees to have access to all the applications and systems your organization needs—not just email and calendars. 3 Revisit MDM policies. MDMs provide organizations with the security they need while driving productivity across the workforce. The use of containerization to create separate personal and work spaces on employer-provided devices is also a clear winner in addressing privacy concerns. 1 Explore EPD or hybrid policies. For those who have not considered the true costs of BYOD plans, it is time to reassess. Explore the Samsung Maximizing Mobile Cost Calculator to find out how much your organization spends on device plans—and discover whether an EPD plan may be best for your organization.
- 11. Explore further To BYOD or not to BYOD? MAXIMIZING MOBILE VALUE Compare your mobile costs using our calculator Compare costs Download the Maximizing Mobile Value research paper Download now