PerformancePoint error: Unable to connect to Server

Are you experiencing this? You might. There are different set of connection related errors with PerformancePoint 2007. If you get errors like "Unable to connect to the specified server. Make sure the address is correct" or "The PerformancePoint could not connect to the specified data source", most probably, you will find the solution here. If you face for an error like "Unable to connect to Server" with PerformancePoint dashboard designer options, the reason might be the unavailability of AJAX 1.0. Solution is here. It has another solution but installing AJAX fixed my problem.