The Industry Foundation Classes (IFC) file format is an open standard for exchanging information in the building and construction industry. It plays a crucial role in the field of Building Information Modeling (BIM) by enabling interoperability between different software applications used in the design, construction, and operation of building projects. Understanding the IFC file format is essential for professionals in the architecture, engineering, and construction (AEC) industry, as it allows them to effectively share and collaborate on building data. IFC files contain detailed information about building elements such as walls, floors, doors, windows, and other components, as well as their relationships and properties. This rich data set enables stakeholders to access comprehensive building information throughout its lifecycle, from design and construction to operation and maintenance. The use of IFC files promotes efficient and effective communication and collaboration among project teams, leading to improved decision-making and better outcomes in building projects. As the adoption of BIM processes continues to grow, the significance of the IFC file format is also increasing, as it facilitates the seamless exchange of building information across different software platforms. With its ability to support complex and diverse building data, the IFC file format is becoming increasingly important in modern construction projects. It is essential for AEC professionals to stay updated with the latest developments and best practices related to IFC files to maximize the benefits of BIM processes. As such, gaining a comprehensive understanding of the IFC file format is crucial for anyone involved in the design, construction, and operation of buildings. By leveraging the capabilities of IFC files, AEC professionals can streamline project workflows, enhance collaboration, and ultimately deliver more successful and sustainable building projects. In conclusion, the IFC file format is an integral part of the BIM ecosystem, enabling the exchange of rich building information across different software applications. Its significance in promoting interoperability, collaboration, and data richness makes it essential for professionals in the AEC industry to grasp its intricacies and leverage its potential for improving building projects.