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Modemetric Product Spotlight

Wayne Eckerson

March 20, 2017

Founded in 2007, Modemetric delivers a full-stack enterprise Bl product with strong financial reporting capabilities that supports all modes of Bl and all types of users in a single integrated environment that accelerates deployment and user adoption.

Modemetric's flagship product, Lantern, is positioned to capitalize on the need to balance self-service analytics with centralized governance and oversight. The product's strong administrative and security capabilities coupled with an intuitive user interface and multiple modes of Bl means that Lantern can be used to meet the information needs of a majority of business users without creating data silos and renegade reporting environments.  Modemetric shipped Lantern in 2015 and has released three versions since then. With the bulk of its 150 employees based in Pakistan, the company opened its U.S. headquarters in San Francisco in 2015 to bring the technology to the U.S. market.

Lantern's enterprise reporting platform supports pixel perfect and financial reporting, dashboarding, OLAP, alerts, and, most recently, predictive analytics. With its patented Dynamic Metadata architecture that automatically handles changes, Lantern is a good choice to replace traditional Bl tools, such as those from SAP, IBM, and Oracle.

Lantern excels with financial reporting and analysis thanks to its dynamic metadata, flexible data architecture, ease of use, and code mapping technology that makes it easy to create custom groups and dimensions. The product provides flexible enterprise pricing, with a choice between perpetual and subscription pricing, and four options for user and platform fees.

The product provides flexible enterprise pricing, with a choice between perpetual and subscription pricing, and four options for user and platform fees. This brief provides an overview of Lantern, it's customers and key differentiators from other tools in the enterprise BI market.

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