System and method for optimizing storage utilization

In a storage area network, the storage pool is the principal component that determines the storage quality of service in the network. The proposed system's goal is to balance the utilizations of the storage pools using a suitable metric (e.g., standard deviation). The utilization of a storage pool is determined by the same components that are part of the composition of the storage pool: the disks and the storage systems. This system then gathers performance information about all the storage pools and applies the described method to determine a sequence of resource-reallocations so that a well-balanced utilization of pools is achieved.