I was working on a server when I noticed an error in the Windows Event Log in this format

Event Type: Error
Event Source: DCOM
Event Category: None
Event ID: 10016
Computer: SERVER1

The application-specific permission settings do not grant Local Launch permission for the COM Server application with CLSID {ABF05265-635E-44B0-A28F-AEA45247ACA0} to the user SID (S-1-5-21-573225893-205518295-3307690801-69150). This security permission can be modified using the Component Services administrative tool.

Digging up on the registry gave me this information. The CLSID value {ABF05265-635E-44B0-A28F-AEA45247ACA0} happens to be for Microsoft.SqlServer.Dts.Server.DtsServer. I checked the Component Services console and opened the Properties for the MSDTSServer DCOM application. I’ve added the user account mentioned in the error message in the Launch and Activate Permissions and that did the trick