Matomo on a server

We would like to use Matomo for our SharePoint intranet site. Our IT department says that Matomo has to be installed on it’s own, unique server. Is that correct or can it be installed on the same server as our SharePoint site?

Matomo can be installed on any (*) server with a mysql or mariadb database.

(*) Piwik Requirements - Analytics Platform - Matomo

That’s the I read it too. Thanks for confirming!