We do not want to install WL-SDM on same server where Oracle Weblogic Is installed, is possible to install WLSDM on separate server?. It will be better not only w.r.t security prospective but also because monitoring Weblogic from outside the Weblogic server is more beneficial.
WLSDM installation and montoring is very simple and works like native WebLogic console extension. If you want to monitor your domains from outside the WebLogic admin server we have another standalone solution which is WL-OPC ( https://wlsdm.com/wl-opc/ ) This product is the central WLSDM Operation Center product.
Hope this would help…