Unable to create and initialize a new socket. Transport:%1, IP address:%2, Port:%3. Error:%4 (%5). Resolution: Verify that ...

Unable to create and initialize a new socket.

Transport:%1, IP address:%2, Port:%3. Error:%4 (%5).
Resolution:
Verify that the service account has sufficient privileges. Also ensure that the TCP/IP protocol is configured and active. If the problem persists contact Product Support Services.