There were rare occurrences when OBRM failed to start after the installation with error "The application has failed to start because its side-by-side configuration is incorrect. Please see the application event log or use the command-line sxstrace.exe tool for more detail."
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Solution
1 - Navigate to Control Panel > Programs and Features;
2 - Locate OBRM. This may be also rebranded with "Product name", right click on it and run "Repair":
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3 - After the repair finished, start the application.