ipmievd.service failed to start on VMware virtual machine.

Issue

• ipmievd.service failed to start with error Could not open device at /dev/ipmi0 or /dev/ipmi/0 or /dev/ipmidev/0 on a VMware guest machine.

  $ systemctl status ipmievd.service
  * ipmievd.service - Ipmievd Daemon
     Loaded: loaded (/usr/lib/systemd/system/ipmievd.service; enabled; vendor preset: enabled)
    Process: 6050 ExecStart=/usr/sbin/ipmievd $IPMIEVD_OPTIONS (code=exited, status=1/FAILURE)
  Sep 22 08:32:17 XXXX ipmievd[6050]: Could not open device at /dev/ipmi0 or /dev/ipmi/0 or /dev/ipmidev/0: No such file or directory
  Sep 22 08:32:17 XXXX systemd[1]: ipmievd.service: control process exited, code=exited status=1
  Sep 22 08:32:17 XXXX systemd[1]: Unit ipmievd.service entered failed state.
  Sep 22 08:32:17 XXXX systemd[1]: ipmievd.service failed.