Being an application engineer for Solid Edge, I thought Solid Edge insight is something on top...oh Boy how i was mistaken......
Skipping the rant aside...
While i was able to get the sharepoint site up and running from the Server PC, there is no way however for the sharepoint site to be discovered in client PC, and thus i can't make the searchscope up and running
Any direction I should go from here
Maybe this is the step you're missing: Right-click on C: and select "add network location" for each folder in your searchscope that you want.
Edit: Sorry, not "C:" but "Computer".