Files with IFC extension refer to Industry Foundation Classes (IFC) file format that establishes international standards to import and export building objects and their properties. This file format provides interoperability between different software applications. Specifications for this file format are developed and maintained by buildingSMART International as its Data Standard.
A JPEG is a type of image format that is saved using the method of lossy compression. The output image, as result of compression, is a trade-off between storage size and image quality. Users can adjust the compression level to achieve the desired quality level while at the same time reduce the storage size. Image quality is negligibly affected if 10:1 compression is applied to the image. The higher the compression value, the higher the degradation in image quality.
You can also convert IFC into many other file formats. Please see the complete list below.