Computer Graphics Metafile (CGM) is free, platform-independent, international standard metafile format for storing and exchanging vector graphics (2D), raster graphics, and text. CGM uses an object-oriented approach and many function provisions for image production. CGM uses these object-oriented characteristics for remolding graphical elements to render an image. A metafile contains necessary information that defines other files. In CGM, a text-based source file contains all graphical elements that can be later compiled into a binary file.
A GIF or Graphical Interchange Format is a type of highly compressed image. Owned by Unisys, GIF uses the LZW compression algorithm that does not degrade the image quality. For each image GIF typically allow up to 8 bits per pixel and up to 256 colors are allowed across the image. In contrast to a JPEG image, which can display up to 16 million colors and fairly touches the limits of the human eye.
You can also convert CGM into many other file formats. Please see the complete list below.