Management Reporter for MS Dynamics AX2012 - The operation could not be completed due to a failure on the server

If you have Windows Azure AppFabric SDK is installed on the machine where MR installed, the report designer gives error when trying to create a new company. The temporary solution is to uninstall the SDK. MR services are confused by the WSDL point that SDK adds into machine.config.

Please see http://support.microsoft.com/kb/2660994/en-us?sd=rss&spid=14927 for more details.