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Are you sure that the destination Essbase server is up and running? Can you login using MaxL?
If it is a network error you can probably try increasing the Netdelay and Netretrycount parameters in essbase.cfg file.
For reference you can check this support document - 1279378.1
Thanks for the refrence doc, below are the current essbase.cfg settings
As mentioned in the doc it was suggesting not to have taotal time not heigher than 10mins, but our time is resulting to 39Min.
Can you please suggest.
I am not sure what values would be best for your environment, but I have the following values for my environment -
Try to check if the above value works and let us know.
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