What does “ILM” mean in ILM “2”?

ILM “2” can be a little confusing if you are already familiar with MIIS 2003 or ILM 2007.

In ILM "2", usually when the documentation refers to “ILM” it refers NOT to the MIIS database or MIIS sync stuff (not directly at least), but rather to the new ILM database, which stores the aggregated view of objects (again, NOT the Metaverse). It's kind of like a copy of what is in the Metaverse… kind of. There seems to be some duplication between “ILM” and the MIIS Metaverse, but I'll reserve judgment on that until I know more.