This error occurs when there is an incompatible version of Java installed on the machine. It is always to recommended to use the Java that comes with Informatica installer.
So, you can set JAVA_HOME to $INFA_HOME/java
and modify the PATH as well to include INFA_HOME/java/jre/bin
Let us know if this helps.
Sorry, I missed few things:
What version of Informatica are you installing?
This IS the client you are installing, correct?
Strictly speaking the server is not supported on Windows 8 and may or may NOT work.
similar issue i have faced during the Informtica 10.2 installation on Windows server 2016 , To avoid this kind of issues you need to set below environment variables and then click on the installer.exe and start the installation.