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]
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.