3573275 - Config tool stopped due "java.lang.OutOfMemoryError: GC overhead limit exceeded (max heap: 1024 MB) "

Able to access the config tool; however, it's stopped automatically due to below error:

Configtool.trc:

Config tool stopped due to fatal error. See trace file for more details.
java.lang.OutOfMemoryError: GC overhead limit exceeded (max heap: 1024 MB)                                                                                                                  
    at java.lang.String.split(String.java:2423)
    at java.lang.String.split(String.java:2468)
    at com.sap.engine.core.configuration.impl.utilities.ConfigurationPath.<init>(ConfigurationPath.java:47)
    at com.sap.engine.core.configuration.impl.utilities.ConfigurationPath.getConfigurationPathInternal(ConfigurationPath.java:154)
    at com.sap.engine.core.configuration.impl.utilities.ConfigurationPath.getConfigurationPath(ConfigurationPath.java:163)
    at com.sap.engine.core.configuration.impl.cache.InheritanceStructure.createLocalInheritanceStructures(InheritanceStructure.java:70)
    at com.sap.engine.core.configuration.impl.cache.ConfigurationController.createLocalInheritanceStructures(ConfigurationController.java:2499)
    at com.sap.engine.core.configuration.impl.cache.ConfigurationController.<init>(ConfigurationController.java:158)
    at com.sap.engine.core.configuration.bootstrap.ConfigurationManagerBootstrapImpl.init(ConfigurationManagerBootstrapImpl.java:309)

SAP Netweaver Application Server Java

Config tool stopped due, java.lang.OutOfMemoryError: GC overhead limit exceeded, (max heap: 1024 MB), Config tool stopped due to fatal error. , KBA , BC-JAS-ADM-ADM , Administration , Problem