[pdc]

Check the correct location for sqlite dbases,sdp and blp maybe when you extract them they went to wrong directory.
this error you are showing is related to that,or missing data on registry as already said by other user.

Pretty sure you need all the redist including the 2017 and also netframework 4.7.

If you don't have them then download the tools directory from the Spider80 torrent.

Just installed all those but still same error, its very strange as all earlier versions worked
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i had the same Poblem. i could solve it with a new Registry Patch:

Windows Registry Editor Version 5.00

[HKEY_LOCAL_MACHINE\SOFTWARE\WOW6432Node\BMWGroup\ISPI\ISTA]
"ProductVersion"="4.09.13.21349"
"MainProductVersion"="4.09"
"DataVersion"="4.09.13"
"LogisticBaseVersion"="4.09.12"
"SWIData"="4.09.13"

[HKEY_CURRENT_USER\Software\BMWGroup\ISPI\Rheingold]
"BMW.Rheingold.CoreFramework.PrintingType"="DIALOG"

[HKEY_LOCAL_MACHINE\SOFTWARE\Wow6432Node\BMWGroup\ISPI\Rheingold]
"BMW.Rheingold.Programming.ExpertMode"="True"
"BMW.Rheingold.Programming.Enabled"="True"
"BMW.Rheingold.Programming.PsdzDataPath"="..\\..\\..\\PSdZ\\data_swi"

[/quote]