2666912 - ERROR => hostcontrol couldn't be started

While installing SMD agent, following error may occur:

sapinst_dev.log

=======

[Thr 9676] Tue Jun 26 11:21:51 2018
[Thr 9676] HostServiceImplWin::Start->IsService() 1
[Thr 5392] Current tracelevel is 1
[Thr 5392] Setup autoupgrade with following path:
[Thr 5392] source='C:\Program Files\SAP\hostctrl\exe'
[Thr 5392] upgrade='C:\Program Files\SAP\hostctrl\new'
[Thr 5392] *** ERROR => StartService SAPHostControl failed [Error 1069: The service did not start due to a logon failure.

] [HostControlW 182]
[Thr 5392] *** ERROR => hostcontrol couldn't be started [HostExecServ 345]
[Thr 5392] *** ERROR => HostServer Start failed [HostServiceI 860]

=======

SAP ERP 6.0

hostcontrol couldn't be started, HostServer Start failed , KBA , BC-CCM-HAG , Host Agent , BC-INS-NT , SAP Netweaver based Solutions on Windows , Problem