Automatic Storage Management (ASM) simplifies administration of Oracle related files by allowing the administrator to reference disk groups rather than individual disks and files, which are managed by ASM. The ASM functionality is an extention of the Oracle Managed Files (OMF) functionality that also includes striping and mirroring to provide balanced and secure storage. The new ASM functionality can be used in combination with existing raw and cooked file systems, along with OMF and manually managed files.

The ASM functionality is controlled by an ASM instance. This is not a full database instance, just the memory structures and as such is very small and lightweight.

The main components of ASM are disk groups, each of which comprise of several physical disks that are controlled as a single unit. The physical disks are known as ASM disks, while the files that reside on the disks are know as ASM files. The locations and names for the files are controlled by ASM, but user-friendly aliases and directory structures can be defined for ease of reference.

The level of redundancy and the granularity of the striping can be controlled using templates. Default templates are provided for each file type stored by ASM, but additional templates can be defined as needed.