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IPC - client tools need to be installed. More like working inside an app. There are certain limitations.

IICS - cloud based. You can do IPC work on browser, there is no need to install client tools. In IICS a lot of things are wizard based and you can do quick tasks to migrate data from one source to another.
There is also application integration, which mainly deals with feeding data from cloud to another cloud based application.

IICS is advanced compared to IPC

There is no update strategy in IICS.

Refer the below link- this has great content for IICS

https://thinketl.com/

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