Ms. Deepa Gupta from Globalview Advisors attended the Orange County Chapter of Financial Executives International (OC-FEI) Dinner Meeting held at The Pacific Club in Newport Beach. The evening’s speaker was Mr. Neil Sahota, IBM Master Inventor, who believes that Artificial Intelligence (AI) is a collection of advanced technologies that allows machines to sense, comprehend, act and learn. AI is poised to reinvent how businesses run, compete and thrive. Many believe these technologies can help improve productivity, lower costs, and create new growth opportunities. Some see them as a threat.
Neil Sahota (萨冠军), MBA, PgMP®, CGEIT®, is an IBM Master Inventor and World Wide Business Development Leader in the IBM Watson Group. With over 15 years of experience in business, he works with Global Fortune 500 clients and high growth business partners to ideate next generation products/solutions powered by Watson. Parts of Neil’s responsibilities include identifying target markets, developing business cases, and creating the market launch strategy. Prior to this role, he was a Thought Leader Consultant and Practice Leader in IBM Global Business Services where he was responsible for the sales and delivery of complex consulting engagements spanning business strategy, new product development, revenue optimization, process improvement, and business and system integration. His work experience spans multiple industries including healthcare, life sciences, retail, travel and transportation, energy and utilities, automotive, telecommunications, media/communication, and government. Moreover, Neil is one of the few IBMers selected for IBM’s Corporate Service Corps leadership program that pairs leaders with NGOs to perform community-driven economic development projects. For his assignment, Neil lived and worked in Ningbo, China where he partnered with Chinese corporate CEOs to create a leadership development program. In addition, Neil is a Lecturer at the UCI Paul Merage School of Business, Chairman of the Advisory Board for the Center for Global Leadership, on the Advisory Boards for the Center for Entrepreneurship and the UCI Alumni Association, and serves on the Investment Committee for the Cove Fund.
The meeting’s Professional Development Session on “Revenue Recognition—Changes You Need to Understand Now” was presented by Jeremy Dillard from SingerLewak. His presentation included the GAAP changes to revenue recognition that will be impacting all businesses starting in 2018. Topics included a new revenue recognition model; the biggest areas of change; how to avoid control deficiencies; and planning for IT and Legal impact.
Globalview Advisors has been a proud sponsor of the OC-FEI since 2013, as well as the San Diego Chapter since 2012. The OC-FEI is the premier organization for financial executives in the Orange County area. OC-FEI promotes interaction among its members and holds programs and workshops to enhance their professional knowledge and qualification.