Check this KB
1901948 - BI 4.0 IDT Does Not Open
Or do this. I followed these steps when i had an issue. It worked.
- Go to the Information Design Tool local cache present in the directory C:/Users/<user_name>/.businessobjects/bimodeler_14
- Take a backup of the bimodeler_14 folder
- Delete the bimodeler_14 folder
- Login into Information Design Tool