A method comprises collecting utilization data for a resource, and predicting by a power management system, based on the collected utilization data, future utilization of the resource. The method further comprises controlling, by the power management system, power to the resource, based at least in part on the predicted future utilization of the resource. In one embodiment, the utilization data is collected for a plurality of resources that are operable to perform tasks, and the method further comprises determining, by the power management system, how many of the resources are needed to provide a desired capacity for servicing the predicted future utilization of the resources for performing the tasks. The method further comprises configuring, by the power management system, ones of the resources exceeding the determined number of resources needed to provide the desired capacity in a reduced power-consumption mode.