This issue is working after sometime. Not sure what fixed the issue.
Error message:
Initialization has failed. Contact your system administrator.
For details, see the Loader log file.
Observation:
I see the above error message when try to login the ALM 11. The same issue when I was trying from Browser IE 9 and through HP ALM client (HP ALM Explorer version 11.0.0.7434).
When I have above issue, I am able to connect to the ALM from QTP 11 and UFT 12 properly without any issues.