Rise of BYOD- 3 Key Advantages
BYOD — this term made a huge noise across industries throughout the globe since March 2020 irrespective of the business they run and their size of business. Bring Your Own Device.
What is BYOD?
BYOD allows employees to use personal devices such as mobile phones, iPads, tablets, laptops, desktop computers, and other storage devices such as pen drive/CDs, etc. for managing and performing day-to-day professional responsibilities and access work-related documents, and data.
A simple example of BYOD is accessing work emails using a personal mobile phone.
A recent IBM global organisation survey says that 90% organisations are willing/focused/interested to maintain or increase their investments in mobile technologies over the next 12–18 months. Reason is the impact it brings on speed and productivity.
Why BYOD Now?
It’s been a year since the pandemic started and the trend of WFH (work from home) continues despite seeing a fall in COVID-19 cases across the globe in the past few weeks with few exceptional cases.
This trend may continue for few more months till there is absolute confidence across businesses to reopen offices with full operational strength.
WFH may not be a new scenario for many IT and its related industries — having said that, this scenario is spreading across other industry verticals and it is happening on a far greater scale in the current situation.
Be it Healthcare, Manufacturing, Education — this pandemic has contributed to a huge spike in the bring your own device (BYOD) approach.
In a blink of an eye, the transition from the traditional way to work culture to remote work culture wasn’t smooth for many businesses.
The reasons are plenty for not being able to transform. One such key factor is that not every business irrespective of its geography, size, and stature has the infrastructure to make the shift in no time.
Businesses found it hard and challenging to procure gadgets/devices for their workforce at one shot hence left with no choice but to adopt the BYOD option to stay in the business and to ensure business continuity.
BYOD — Few businesses say and see it is a blessing in disguise — since it has provided businesses with plenty of benefits such as less spending on devices/hardware/gadgets, steep fall in attrition, higher productivity, and business continuity.
With the evolution of BYOD many companies are keen and prioritising to strengthen their data defences and security protocols. Many are implementing new BYOD policies and procedures into their current system. Companies are also focusing on appropriate Mobile Device Management (MDM) software’s as part of their BYOD strategy
Let us look at a few stats that speak for the BYOD culture.
According to BetaNews, The BYOD market is on course to hit almost $367 billion by 2022, up from just $30 billion in 2014.
Cisco says, Companies favouring BYOD make an annual saving of $350 per year, per employee.
Frost & Sullivan — Using portable devices for work tasks saves employees 58 minutes per day while increasing productivity by 34%
The U.S. BYOD market by the device (USD Billion), 2012–2020
1. With BYOD in place, work can be done anytime and anywhere. Hence, travel time to office, wait for meetings to begin, time taken for multiple breaks on a day are no longer an option.
2. Employees using BYOD can save extra minutes throughout the day and spend those on completing tasks assigned.
3. A survey by Cisco Internet Business Solutions Group (IBSG) found that: “The average BYOD user across countries saves 37 minutes per week. This means employees work longer and harder because they have access to BYOD.
4. BYOD bring in flexibility in schedules, improves creativity, paves way for employees to innovate and provides better workplace collaboration.
1. BYOD help businesses save money since there is not a need to spend fortunes on purchasing new equipment, gadgets, hardware components and licenses for software’s.
2. With the implementation of BYOD, employers will no longer pay (or) pay a fixed amount for data usage on employee devices. This reduces the businesses operating costs.
3. In the era of telecommunications providers offering unlimited data plans for lesser cost, the employers paying for employee’s data usage on their devices are minimal.
4. BYOD makes doing business less expensive and improve employee retention rate.
1. BYOD provides employees the needed tools, provides flexibility in work timings — thus enhances job satisfaction and improved employee retention rates.
2. Employees are always happy, satisfied and moreover comfortable in using their own devices such as mobile, laptop, tablets.
3. Employees always add in extra hours and shall be more accessible once they are very comfortable in using devices that are known to them already and not a device that is ancient for them to understand and work upon.
4. A study by Acorn Marketing & Research Consultants shows that 61% of respondents were happier in their jobs and ultimately more productive when they could use their own devices.
Having said the above, BYOD brings in its own drawbacks and set of challenges. If approached with the right solution and the correct mobile device management (MDM), it is then easy to overcome the challenges.