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It’s difficult to put a price tag on the value of implementing a strategic “Bring Your Own Device” (BYOD) policy. Employees are eager to use their own mobile devices in the workplace and corporations are quickly adopting strategies and practices to keep up. Recently, Cisco Internet Business Solutions Group (IBSG) revealed key financial findings to help companies across the globe determine the current and potential value of BYOD. Industry influencers and media are listening and here’s why you should too.

The adage that money talks holds true. Reporters from top technology and business outlets such as Forbes, CIO Magazine, CITEworld and eWeek are most interested in the financial gains companies can expect with comprehensive BYOD policies. In addition, they are interested in the increasing importance of implementing a BYOD strategy for laptops. Many reporters discussed the fact that the BYOD trend will only continue to grow. Businesses and technology leaders must continue to pay attention to the employee-led movement. Here are a couple of my favorite quotes from the coverage:

“The Financial Impact of BYOD” study consists of insights from Cisco’s internal IT organization and more than 2,400 mobile users from companies across 18 industries and six countries, including the United States, United Kingdom, Germany, India, China, and Brazil. This latest research is helping to provide an understanding of the financial impact of BYOD on a typical corporation across each of the six countries analyzed. It supports our belief that adaptive mobility — the ability to “work your way” – is a competitive advantage for businesses that adopt this approach.

The study revealed valuable BYOD related insights including:

As efficiency remains top of mind for so many employers, it’s clear that BYOD implementation can be beneficial to many businesses as well as employees.

Is your business ready for BYOD adoption? Find out by using Cisco’s BYOD Assessment Tool. And be sure to drop by the “Inside Cisco IT” booth 1552 at Cisco Live in Orlando, Florida, to learn more.

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