When it comes time to adopt a bring your own device policy, each company will need to thoroughly evaluate its operating environment to accurately project costs. Organizations need to remember that mobile device management and other security needs to be in place prior to implementing a BYOD policy but cannot forget to plan the budget accordingly.

ZDNet's Nick Heath wrote that in many cases, it could end up being a bad deal for companies to allow employees to bring their own tablet and smartphones as far as costs are concerned. At the recent Ovum BYOX: World Forum 2013 in London The BBC's head of IT strategy and policy Paul Boyns said looking into a BYOD program cost far more than the BBC expected. Additional expenses emerged There were costs in areas like tax liabilities, consumer plans and subscription costs for the mobile device management software. While some companies realize this, others may have fallen into the hype and believed that the sole advantage of BYOD is to save money, which is not always the case.

Richard Absalom, senior analyst for consumer impact with Ovum, told the crowd that switching between personal and corporate SIM cards was one way to wiggle around this problem. Especially for companies in the U.K., this could save some money from taxes.

By the numbers
According to a report from Cisco, 89 percent of companies allow workers to bring their own devices to work and are starting to understand the requirements for allowing BYOD to take off. Security, mobile policies, authentication and mobile device management can all be great starting points, but keeping up with other trends is a must for organizations to be successful. As such, the report found that companies across six countries, including the U.S. and U.K., were all finding financial gains from adoption of BYOD.

Numbers from the report show:
- Employees using BYOD were gaining 37 minutes of productivity each week, with 81 minutes saved in the U.S.
- The current median level of BYOD adoption generates $350 of value for each mobile employee
- Smartphones are the top choice, with an average of 1.7 of these devices per employee
- There is expected to be 405 million devices in the workplace by 2016

No matter what a company expects of BYOD, it is important to ensure that the program will work for their own individual business.