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.
PNG, Portable Network Graphics, refers to a type of raster image file format that use loseless compression. This file format was created as a replacement of Graphics Interchange Format (GIF) and has no copyright limitations. However, PNG file format does not support animations. PNG file format supports loseless image compression that makes it popular among its users. With the passage of time, PNG has evolved as one of the mostly used image file format.
You can also convert IFC into many other file formats. Please see the complete list below.