Running Quartus on a Blade Server

Hello, my System Administrator says that it is possible to install Quartus on his Blade Server and then allow the engineers to remote login to the server and then compile their Quartus programs on the Blade Server instead of their local machines. He claims the compilations and ModelSim Simulations would complete faster. I would like to know if anyone has done this and if so what are the pros and cons if any?

Thanks!