BYOD increases workforce flexibility
As the tech sector continues to be defined more by the production itself rather than the location of business, enterprises are gradually discovering the merits of workplace flexibility. As a result, the bring your own device strategy, commonly known as "BYOD," is making its way into business models around the world.
The many facets of BYOD
The strategy, which calls for the use of personal devices such as laptops, smartphones and tablets, works well because it benefits both sides of the office paradigm. A growing number of employers are implementing the tactic because it can untether the workforce and, in turn, increase the odds of on-the-road productivity. It can also save plenty of capital that would have otherwise been spent on corporate-owned hardware.
Employees enjoy the development because it allows them to work with the comfort of their own devices. Also, their products are typically newer than corporate devices, meaning that they are often more compatible with cutting-edge system updates.
While BYOD comes with its own share of security issues, the many benefits have resulted in a quick expansion of the strategy's implementation.
The state of the BYOD market
The global BYOD market is projected to increase at a compound annual growth rate of 25 percent from 2014 to 2019, according to Information Management. The emergence of this strategy has gone hand in hand with the proliferation of mobile devices for work-related purposes. Both tactics comply with the rising demand for ubiquitous access to devices.
"The implementation of BYOD solutions can enable synchronization of every registered mobile device in an organization, thus enabling optimum exchange of data," Faisal Ghaus, the vice president of Technavio, said in a statement released by his company. "…Virtualization enables simultaneous execution of personal as well as enterprise applications on a mobile device, which is expected to boost market growth during the forecast period."
A case study of BYOD implementation
Mark Grimse, the vice president of IT for Rambus, a tech development firm, recently spoke with Mobile Enterprise about his company's shift to a BYOD solution. He noted that it allows an employee to increase their productivity with one single device.
"Moving to BYOD meant that this staff could be redeployed to do more innovative IT work," Grimse told the news outlet. "Plus, having a BYOD policy, which includes a stipend, provides a visible and consistent cost that department managers can understand."