RESOLUTION
Run the Instance Configuration Wizard as per install guide: here
To configure server instances on the local computer
Start the Instance Configuration wizard from Start | All Programs | Quest Software | LiteSpeed for SQL Server | Instance Configuration. In the installation scenario, the LiteSpeed Instance Configuration wizard is launched automatically.
Select the SQL Server instances on which you want to install the extended LiteSpeed stored procedures. The default behavior is to install the procedures onto all instances. Also, when you re-run the wizard to modify existing options, be sure to select Install.
Tip: If you do not want to install the procedures on an instance, click the action and change it to Ignore. When you select Uninstall next to an instance, the wizard removes the LiteSpeed extended stored procedures from the instance.
Verify the connection details for each server. To change login details, select Windows or SQL Serverauthentication.
On the Activity Logging page, select whether you want to configure a local repository, or a central and a local repository. See About Collecting Statistics in Repositories for more information.
LiteSpeed creates a local repository database to collect backup activity information. This database can be a dedicated database or an existing database of your choice. You can create the central repository once and point to it in subsequent installs.
If you decide to create and configure only local repositories during installation, you may define a central repository later using the LiteSpeed UI Console to enable consolidated logging.
Complete the wizard.