SANA Configuration issue with SAP Business One during the initial SANA setup

I've recently come across with below error in SANA admin.

Retrieving the COM class factory for component with CLSID
{F3D77DAE-6C14-426E-B56F-C550BDE8B09D} failed due to the following error:
 80070005 Access is denied. (Exception from HRESULT: 0x80070005 (E_ACCESSDENIED)).

In my setup, Both Sana and SAP Business One (Test) were deployed in my local PC. After trying out several ways, finally got the correct response from Sap Community Network.

If the SAP Business One installation and SANA installation are on two nodes, you have to apply the below to the node where SAP Business One is installed.

1. Click Start --> Run

2. Enter DCOMCNFG and press OK. This will open the DCOMCNFG window.

3. Browse down the tree to Console Root -> Component Services -> Computers -> My Computer

4. Right-click on "My Computer" and select properties

5. Select the "Default Properties" tab set below :

  a. Enable Distributed COM on this computer - option is checked

  b. Default Authentication Level - Set to Connect

  c. Default Impersonation Level - Set to Identify

6. Select the "COM Security" tab

7. Click on Access Permissions ' Edit Default

     a. Add : "Anonymous", "Everyone", "Interactive", "Network", "System" with Local and Remote access permissions set.

8. Click on Launch and Activation Permissions ' Edit Default

    a. Add "Anonymous", "Everyone", "Interactive", "Network", "System" with Local and Remote access permissions set.

9. Click on OK

10. Close the DCOMCNFG window