Introduction
Smartphones are more important than ever in the modern workplace. Like a computer that fits in your back pocket, the latest mobile phones help employees to stay connected and productive from virtually anywhere. But who pays for this valuable business tool? According to a recent Aberdeen survey, 30% of employees now have a smartphone that is just used for work.1 However, it’s not an expense that fits into every growing organization’s budget.
As a cost-cutting measure, many companies have turned to bring-your-own-device (BYOD) policies that allow employees to use their own personal devices for work. The idea is that businesses can save on hardware expenses, while employees get to use a device that they’re already familiar with. Employers often provide a monthly stipend to reimburse employees on their smartphone costs.
It all sounds good in theory—until you do the math, and realize that BYOD scenarios can end up costing a company more in terms of security, productivity, and operational efficiency. IT teams still have to keep track of the fragmented mobile fleets, with service and support provided by multiple operators. Shifting to an employer-provided device model can help standardize phone configurations, security, and repair procedures. But again, the up-front capital investment in providing businessclass smartphones can be significant, not to mention the lifecycle management.
That’s where Verizon Business Complete, a new smartphone subscription service, comes in. This device as a service solution can take the chaos out of managing a connected workforce, and free up IT to focus on more strategic activities. Plus, it helps better manage costs by moving to predictable monthly payments.
This white paper explores how a smartphone subscription service can help streamline the way your
business provides employee smartphones—and keeps them up to date. We’ll look at the unexpected
costs of BYOD programs, the value in managed smartphone services, and how Verizon Business
Complete provides an all-in-one 5G smartphone solution, with simple monthly pricing.