The Most Visionary Women Leaders in Tech 2024

Fariba Rawhani | CIO and SVP of Information Technology at Teranet Inc

Fariba Rawhani: Empowering Businesses Through Technology

Modern, transformative super-charging technology is a key differentiator in today’s competitive marketplace–enabling businesses to innovate, create value for clients, streamline processes, and enhance productivity. Providing foundational support necessary for businesses to operate efficiently and effectively in today’s digital age is IT table stakes. Today’s IT solutions encompass a broad range of offerings, including network management, data backup and recovery, software development, and technical support. By leveraging technology strategically, organizations can not only meet current demands but also position themselves for future growth and innovation. More than a tool, IT is a strategic asset that enables businesses to adapt, evolve, and stay competitive in an ever-changing digital marketplace. Fariba Rawhani’s journey indeed epitomizes the dynamic nature of the industry. She has continually adapted and evolved with the changing technology landscape and has worked to elevate digital acumen within organizations, particularly at the executive table, which is in lockstep with those changes. Her wealth of experience and insights not only showcase her individual achievements but also serve as an inspiration to others within the industry. As a professional technology leader, Fariba has played a vital role across multiple industries and organizations, embracing new technologies and staying abreast of industry trends. Her journey, marked by perseverance and determination, reflects the rapid evolution of technology over the decades. She stands as a beacon within the industry, inspiring others to follow in her footsteps and make their mark in this ever-evolving field. As the CIO and SVP of Information Technology at Teranet Inc., Fariba leads strategic technological initiatives, aligning them with the company’s overarching objectives. With a focus on fostering a culture of collaboration and innovation, she navigates the complex sphere of IT, ensuring the security of core operations and driving the company towards enhanced competitiveness and customer-centricity. In this exclusive interview, Fariba shares invaluable insights into his journey, strategies, and vision for the future of technology solutions: Can you tell us a little bit about your background and how you became interested in technology? I didn’t intend to study technology. As a high school student in Vienna, Austria, I grew up at a time when profound changes were sweeping the world. Vienna was a center of culture and politics, sparking my love for literature, history, and international law. When I entered the University of Vienna, a new stream that combined business administration and technology was being offered. The faculty was in its infancy, but I was intrigued. After immigrating to Canada and arriving in Vancouver, I continued my technology studies. From there, I went from a programmer to a project manager and from client relations to leadership positions. In each role, I met new challenges and steadily honed my expertise at the intersection of business and technology. When I returned to university for my MBA, I was eager to mold two decades of real-world experience with advanced theory. Of course, when it comes to technology, learning and advancements never stop. That’s the fun part. What inspired you to pursue a career in the technology industry? I’m sure Star Trek had something to do with it. Beyond that, technology has always held a high potential for transforming society for the better. When I first started, basic computing was enough to pull me in. Now, decades later, I’ve witnessed firsthand how rapidly technology can integrate into industries, reshaping and transforming them. The evolution has been extraordinary, and with each new advancement—from AI to blockchain to cybersecurity—that excitement I felt as a teenager has only continued to be reignited. What keeps me inspired is the hope that we can improve the quality of life. I experienced this in healthcare when I lent governance and technology expertise to support the creation of integrated electronic health records. During my stint in higher education, I worked with an inspiring team to increase student accessibility to online courses, interactive learning platforms, and digital resources. Technology’s rapid changes will always make us students. Over the past three decades in the field, it’s been a privilege to witness and participate in the incredible pace of change and innovation, especially when such advancements can be harnessed for collective well-being. Can you discuss your current role and responsibilities in the technology industry? As Teranet’s CIO and SVP for the past seven years, I drive our technology strategy and ensure it is aligned with the overall business objectives. I spearhead innovation in adopting new technologies and best-in-class IT practices, which is crucial to our success. My responsibilities encompass a broad spectrum, from strategic planning to hands-on execution, while focusing on the business and its customers’ needs. My role involves understanding the intricacies of the business and leveraging technology to safeguard its core operations and propel it toward greater competitiveness and customer-centricity. It also requires a comprehensive understanding of how technology can enhance land delivery and other registry services, which are fundamental to Teranet’s operations. One essential task is developing detailed technology plans and roadmaps that anticipate and address the business’s evolving needs. We must stay abreast of technological advancements and trends and understand the requirements and challenges Teranet faces in its industry. As the leader of a large tech team, my role extends beyond technology management. I am very proud of my team and believe it’s my responsibility to foster a culture of collaboration and innovation where every individual’s well-being and career progression are valued and enabled. Since we work with incredibly sensitive data related to land and registry services, security and resiliency are top priorities. Uninterrupted operations, evolving cybersecurity, business continuity, and ongoing modernization are not just prudent; they’re everything. How do you stay up to date with the latest technology trends and advancements? I’m very lucky to work in a field that personally interests me. It’s not just a role; it’s a passion of mine. To stay ahead of advancements, I find it’s best to follow multiple channels. For me, that means combing through industry publications, regular attendance at conferences like Gartner, and active participation in industry-related forums and groups. I relish the opportunity

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