Embodiments of the present disclosure provide a power-optimizing memory analyzer, a method of operating a power-optimizing memory analyzer and a memory system employing the analyzer or the method. In one embodiment, the power-optimizing memory analyzer is for use with an array of memory blocks and includes a task database configured to provide a parameter set corresponding to each of a set of tasks to be performed in a system. The power-optimizing memory analyzer also includes an allocation module configured to determine offline, a group of memory blocks in the array corresponding to the parameter set for each task and based on providing a power reduction for the array. The power-optimizing memory analyzer further includes a power profiling module configured to generate run-time power profiles of memory power states for each task allowing transparent and dynamic control of the memory power states while maintaining a required quality of service.