In order to run, the ODBC Driver requires a number of Windows system files. To obtain these you must install the Microsoft Visual Studio Redistributable.
This can be dowloaded from:
Oracle recommend that the Visual Studio 2013 Redistributable be installed, however most versions of the redistributable will be OK.
On our system we have installed the Microsoft Visual C++ 2005 SP1 Redistributable, and this works OK. This can be downloaded from:
https://www.microsoft.com/en-us/download/details.aspx?id=5638