The construction industry has experienced a significant digital transformation in recent years, with Building Information Modeling (BIM) playing a pivotal role in enhancing project efficiency and collaboration. One of the key elements driving this transformation is the Industry Foundation Classes (IFC) standard. IFC is a neutral and open file format that enables interoperability and exchange of building and construction data between different software applications. This has revolutionized the way stakeholders across the construction lifecycle collaborate and communicate. By using IFC, project teams can seamlessly exchange BIM data regardless of the software used, promoting a more integrated and efficient approach to project delivery. The use of IFC in BIM has not only improved coordination and communication among project stakeholders but has also contributed to reducing errors and rework, ultimately leading to cost and time savings. Furthermore, IFC has paved the way for enhanced data management and analysis, allowing for better decision-making throughout the project lifecycle. As the construction industry continues to embrace digital transformation, the adoption of IFC for BIM is becoming increasingly essential. Its role in facilitating interoperability and data exchange is crucial for driving efficiency and innovation in construction projects. With the continued development and improvement of IFC standards, the industry can expect further advancements in BIM capabilities, leading to more streamlined and integrated project delivery processes. In conclusion, the adoption of IFC for BIM has significantly impacted the construction industry by promoting interoperability, data exchange, and improved collaboration among project stakeholders. As the industry continues to embrace digital transformation, IFC will play a critical role in driving innovation and efficiency in construction projects.