Unable to Connect an instance of the JVM

Error Message : When you are facing above mention issue while running or opening ODI studio.

Action:

1. Right click on My "Computer"
2. Go to Properties
3. Click on Advanced settings
4. Click on Environmental variables Button
5. Under User Variable section click on new
6. Variable Name : JAVA_HOME & Variable Value :  E:\SoftwareInstalled\JAVA7\jdk1.7.0_79 (Note : Specify the path upto jdk)
7. Click Ok

Hence your problem will be resolved.