Storage Resource Management
Storage Resource Management (SRM) refers to software that manages storage from a capacity, utilization, policy and event-management perspective. This includes bill-back, monitoring, reporting and analytic capabilities that allow you to drill down for performance and availability.
Key elements of SRM include asset management, charge back, capacity management, configuration management, data and media migration, event management, performance and availability management, policy management, quota management, and media management. [Adapted from Bitpipe]