Information Management (IM, formerly called Enterprise Information Management, EIM) must be seen in a much broader context than ILM.
IM is a framework designed to turn enterprise information (in many cases scattered throughout the organization) into a strategic asset.
IM solutions create, cleanse, integrate, manage, govern, and archive structured and unstructured data.
They enable enterprise data warehouse management, master data management, data integration and quality management, information lifecycle management, and enterprise content management.
ILM is part of the IM framework, with a primary focus on the efficient and legally compliant management of mass data through its life cycle. This includes structured and unstructured data, data from live and legacy systems, and data from SAP and non-SAP systems.