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Boopathy Raaj: From the logs it seems there is user permission issue on location C:\Users\cadoptguest\AppData\Roaming.
Could you please check if user running the installer has write permission and also try running installer with "Run as Administrator" option.
Below is a summary of the errors, details of these errors are listed later in the log.
* Activation of C:\Users\cadoptguest\AppData\Roaming\Microsoft\Windows\Start Menu\Programs\PTC Inc\ThingWorx Studio.appref-ms| resulted in exception. Following failure messages were detected:
+ Exception occurred during store operation.
+ Access is denied. (Exception from HRESULT: 0x80070005 (E_ACCESSDENIED))