iDRAC virtual console failed with Connection failed issues

I have installed JRE 7, it worked fine.  Google search for "download java 7"  You will be taken to that web page where you can download Java 7 SE or java 7 JRE.  JRE is enough.  You may be prompted to create a login (if you not have already one).  Once you login and install that JRE, it should work.  Warning: it may be less secure to run lower version of Java on your machine.  I used windows 64 JRE version.