Cody Konior explains pre-requisites for installing Master Data Services for SQL Server 2016:
Microsoft’s list of MDS prerequisites doesn’t match their PowerShell installation script “sample”.
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The sample installs the Application Server component which is not listed in the requirements.
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The sample installs the Application Server NET 4.5 component even though it’s not in the requirements (it lists .NET Framework 4.5 Advanced Services, but a look through other versions of the OS would indicate that this is the plain .NET Framework 4.5 Features category; I suspect someone misread this as “Application Services”).
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The sample installs additional “Application Development” components that are not listed in the requirements.
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The sample doesn’t install the recommended Dynamic Content Compression component.
Basically, the sample needs updated and the documentation fixed. Click through if you’re planning to use MDS.