SYMPTOM
The Runtime, configured as a Windows Service, cannot start. The following error (or similar) can be found in Windows' event logs:
A timeout was reached (30000 milliseconds) while waiting for the Stambia Runtime service to connect.
SOLUTION
Please refer to this Microsoft KB entry:
Some of our users had this issue and solved it with the solution provided by Microsoft (editing the Registry to set the ServicesPipeTimeout parameter to 60000).