While the error text mentions a missing server configuration, the 10060 code points unmistakably to a network timeout. By methodically testing connectivity with Test-NetConnection , verifying the XML service status, and ensuring that firewalls allow the correct TCP ports, you will resolve this error in 95% of cases.
Follow these steps in order of probability to resolve the error. While the error text mentions a missing server
Use certificates with strong encryption (TLS 1.2+) and auto-renewal mechanisms. verifying the XML service status