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International Finance Corporation: Powering Growth in the Global Private Sector

When discussing Building Information Modeling (BIM), it is crucial to consider data sharing and exchange. Equally important in this context is the role of data standards.

Establishing these standards is essential for overcoming challenges related to information exchange and collaboration. To address this, the International Alliance for Interoperability (IAI) developed the Industry Foundation Classes (IFC). While the term literally means “Industrial Fundamentals,” professionals in the industry typically refer to it simply as the “IFC standards.”

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