Introduction
MasTec, Inc. is a U.S. engineering, procurement and construction company that serves the oil and gas, wind power, and power transmission industries. It has been a publicly traded company since 1987. MasTec provides design-build services and project management for complex infrastructure projects in both private and public sector markets
In this post we will discuss MasTec business model in detail with concise examples:
MasTec’s role
MasTec’s role is to make sure that everyone has access to the internet. It’s a telecommunications company, providing internet access to people who do not have it. Often when you think of MasTec, you might think about how they provide telecom services in the form of copper and fiber connections. But they also offer network solutions that allow companies such as banks or hospitals to connect with customers in remote areas where there isn’t much infrastructure available—and they can even help these organizations build out their own networks when needed!
MasTec has been around since 1978 when two brothers started working together in their garage on some of the first telecommunication equipment ever made using fiber optic cable (which is where we get our name). Since then, we’ve grown into one of North America’s largest privately held providers with over 15 million customers throughout more than 30 countries worldwide! Today our focus remains on ensuring that everyone has access
to technology so that no matter what obstacle stands between them and progress – whether it be geographic obstacles like mountains or oceans; technical challenges like bandwidth limitations; economic restraints like cost; societal hurdles such as gender inequality – all people everywhere can succeed regardless of circumstance.”
MasTec’s unique value
MasTec is a leading supplier of integrated solutions for the energy and utilities industry. The company provides a full range of products and services to serve the needs of its customers across key business areas, such as electricity transmission, distribution and substation construction; natural gas transmission and distribution construction; oil refining; petrochemical processing; and telecommunications. MasTec has a strong track record of innovation and is committed to continuing to develop new products and services that meet customer needs. A particular strength for MasTec lies in its ability to develop innovative technologies which reduce total project costs while meeting or exceeding performance requirements.
MasTec has also demonstrated success in establishing partnerships with other companies within its supply chain through alliances or joint ventures, thereby enhancing market share while also reducing risk exposure when bidding on projects (see below).
MasTec’s target segment
MasTec’s target segment is the residential and commercial construction sector, which includes roofing and siding contractors, designers, builders, remodelers and general contractors.
MasTec’s target segment is the utility sector, which includes electric utilities and gas utilities.
MasTec’s target segment is the oil and gas sector.
MasTec’s target segment is the mining industry.
MasTec’s cost structure
MasTec’s cost structure is highly variable. MasTec’s cost structure is highly dependent on the industry and type of product being manufactured. MasTec’s cost structure is also highly dependent on its location, with some locations having higher labor costs than others.
MasTec’s key resources
MasTec’s key resources are its people, its products and its services. The company’s employees are the first resource that comes to mind. They are the ones who provide service on a daily basis—an important distinction from MasTec’s other two key resources.
MasTec’s second resource is also an essential part of any business: its products. This includes everything from industrial equipment to aerospace parts to electronics and more. Without these products, MasTec would be unable to sell any of their services because they wouldn’t exist!
The third key resource is simply called “services” by the company—but this category could mean just about anything from construction projects to software development projects or even website design work (remember when I said we’d get back here soon?).
MasTec’s key activities
MasTec’s key activities, which form the foundation of its business model and support an operating system that enables MasTec to deliver superior value to all stakeholders:
- Providing services to the oil and gas industry
- Providing services to the power generation industry
- Providing services to the telecommunications industry
- Providing services to the transportation industry
MasTec’s key partnerships
MasTec’s key partnerships are with the following companies:
- Synergy Resources (which provides the company access to a range of engineering and construction services)
- The Shaw Group (provides MasTec with a significant number of clients, including Southern California Edison and Duke Energy)
- Sempra Energy (MasTec’s parent company, which has been providing energy for more than 100 years)
MadTech, TechMas, TeTech. These are some possible names for MasTec.
MasTec is a great name for a tech company because it is short, catchy and easy to remember. It has a nice ring to it too.
MasTec is a great name for a tech company because it is short, catchy and easy to remember. It also sounds like the acronym “MIT” (Massachusetts Institute of Technology), which means that MasTec can still be associated with academia even though there is no connection between MasTec and MIT or any other university.
If you are thinking of starting a new business, you should definitely consider a name beginning with ‘Mas’.
We’re not just saying that because we own MasTec. We’re saying it because it’s true.
If you want to start your own company and don’t know where to begin, here are some tips on how to get started:
Conclusion
Starting a business is hard, but it’s even harder when you don’t have the right name. When naming your company, think about what qualities and characteristics it should possess. Then look for names that align with those traits. If you don’t know where to start, consider one of these options:
