How to maximize Java heap space for Spectrum

Operating System: Windows, Linux, UNIX
Product affected: Spectrum™ Technology Platform

Versions: 8 SP3, 9 SP3, 10 SP1, 11 SP1

Below are the steps to maximize Java heap space for Spectrum:
  1. Go to the <SpectrumLocation>server/bin/wrapper directory.
  2. Open the wrapper.conf file using a text editor such as Notepad.
  3. Increase the property value of by multiples of 1024.
For example, if is set to 4096, you can increase it to 8192.

Note: Increase the value in accordance to your available system resources. Setting the value too high will promote instability. 
UPDATED:  March 5, 2020