The format is designed for Kodak cameras to store uncompressed RAW images in their original form without auto color and white balance correction. The file has a TIFF-structure that allows you to edit the color temperature and exposure of the finished image without losing information and quality, which is something that cannot be done with JPEG format images.
This is used to exchange vector graphics among different platforms. It stores not only 2D vector images, but also raster images. It allows you to store a large number of graphical information types and is applied primarily for design in aviation, engineering and other technical fields.