Industry Foundation Classes (IFC) play a crucial role in the realm of Building Information Modeling (BIM) by enabling interoperability and data exchange within the architecture, engineering, and construction (AEC) industry. IFC serves as an open standard for the exchange of digital building data, allowing different software applications to communicate and share information seamlessly. This standardization is essential in streamlining collaboration and communication throughout the lifecycle of a construction project. With IFC, stakeholders can share 3D models, construction documents, and other project data across various BIM software platforms, promoting efficient workflows and reducing errors. The adoption of IFC promotes transparency and consistency in project delivery, ultimately leading to improved project outcomes and cost savings. As the AEC industry continues to embrace digital transformation, the role of IFC in supporting BIM interoperability becomes increasingly vital. By utilizing IFC, stakeholders can break down silos, enhance coordination, and create a more integrated approach to construction projects. The use of IFC not only improves data exchange and collaboration but also enhances the overall quality and accuracy of project information. In an era where digital collaboration and information sharing are paramount, IFC stands as a linchpin for driving efficient, connected, and data-driven processes within the AEC industry. As the AEC industry looks toward the future, the adoption and implementation of IFC will continue to be a cornerstone in advancing BIM capabilities and achieving holistic project success.