The Report which you are using is built on new power pivot version, for this reason reports are not working on old power pivot version and showing below error message.
The Report which you are using is built on new PowerPivot version; for this reason reports are not working on old power pivot version and showing below error message.
Resolution: Install a new version of PowerPivot (i.e. 11.0.2100.60) from the link below.
http://www.microsoft.com/en-us/download/details.aspx?id=29074
Impact: If you are installed new power pivot version from above link existing reports which are built on old Power pivot will open with the below message in a dialogue box
Saying that “Do you want Upgrade the workbook”, if you click OK, the report will work fine.
Ed Price - MSFT edited Revision 9. Comment: Text product casing. Grammar.
Ed Price - MSFT edited Revision 8. Comment: Title guidelines. Product casing "PowerPivot" versus "power pivot". Added tags.
Fernando Lugão Veltem edited Revision 6. Comment: alter title and tags, added hi-IN
Sai Kumar Koona edited Revision 5. Comment: Translated to Hindi
Sai Kumar Koona edited Revision 3. Comment: Image is not clear
Interesting...!