AX 2012: Memory gates checking failed because the free memory (373817344 bytes) is less than 5% of total memory. As a result, the service will not be available for incoming requests. To resolve this, either reduce the load on the machine or adjust the value of minFreeMemoryPercentageToActivateService on the serviceHostingEnvironment config element.

I was facing the subejcted issue, and I was looking for a solution. Most of the blogs were suggesting the same solution to add the 'serviceHostingEnvironment' attribute in the web.config which is a risky job as adding an attribute will affect the entire IIS, and it's hosted solutions and will restart IIS ultimately.

As the error message was related to a 'Memory storage issue' and we were asked to reduce the load on the server, so, I just restarted the SQL Server (MSSQLSERVER) service through the service manager and everything get back to normal, and I got rid of the memory issue.

Solution:

Window + R >> Services.msc > Restart Below Highlighted Service



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