The invention discloses an application management and execution system and a method thereof. The application management and execution system comprises a virtual machine monitor for managing at least one virtual machine; the at least one virtual machine for processing at least one application, and storing, separately and respectively, application data used by each application and platform data required by the virtual machine for processing the application in one or more storage disk (persistent storage), and reading the application data and the platform data from the one or more storage devices respectively. The at least one application executing on the virtual machine may share the platform data in the one or more storage devices. When the virtual machine executes the at least one application, it may modify the application data in the storage devices.