A method, system, and computer readable storage medium for managing computer memory by an intelligent memory manager. The intelligent memory manager performs a method including: deploying a plurality of memory allocators each customizable to efficiently handle a set of different memory request size distributions in support of at least one application; determining a monetary fee to charge a user based on consumption of memory resources; and determining a frequency of backing up a main memory object in a persistent storage based on a bandwidth consumed by storing the main memory object in the persistent storage.