What is inode limit?
Inode is single file, which in the server. It can be any file on your server including system files, emails, websites files, databases. Inodes are counted automatically and results are displayed at client area.
Inodes limit is counted only for Standard and Storage VPS by formula:
Disk space (GB) x 20 000
With a minimum of 1000000 Inodes.
Limit of 1000000 and it's more than enough for most websites. Most customers won't notice this limit, because it's way below what website needs, eg. default wordpress uses less than 1700 inodes.