10 considerations for BYOD cost/benefit analysis

The most difficult element of the whole Bring Your Own Device (BYOD) movement is determining whether it will save your organization money. There’s no guaranteed formula for assessing the costs versus benefits of BYOD for an organization -- BYOD is far from a one-size-fits-all initiative. But all organizations contemplating BYOD should do a thorough, upfront cost/benefit analysis. This post presents a list of 10 things to be kept in mind when you prepare to conduct a BYOD cost/benefit analysis for your organization.

1: Current costs of company-owned devices
2: Cost of implementing and managing an MDM solution
3: Costs of BYOD policy development and program management
4: Updating in-place enterprise security and help desk
5: Hidden back-end costs
6: Benefits to employee morale and productivity
7: Costs of BYOD stipends and/or allowances
8: Risk management expenses
9: Internal app development costs
10: Benefits of employees being more responsive to your customers

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