TF400070: A required version of a component is not installed on the application tier. You must exit the Team Foundation Administration ...

TF400070: A required version of a component is not installed on the application tier. You must exit the Team Foundation Administration Console and install a supported version of either SQL Server Analysis Services or the SQL Server Client Tools on the application tier to ensure that the Analysis Services object model is present for warehouse processing.  Once you have installed the necessary components, open the administration console and re-run the wizard.