Abstract
The paper discusses how to succeed in the new economy by utilizing e‐business in transforming business processes and strategy. The Collaborative One‐Stop Virtual Engineering Services (COVES) portal provides users with collaborative engineering services for government agencies and private sectors involved in various areas like safety, health and environment. The portal helps in design through modeling and simulation over the Internet for the above sectors. The portal provides a Web‐based environment for tackling the above issues during the design of a factory via the use of e‐computational fluid dynamics. Besides the above, COVES has re‐engineered the traditional business processes associated with construction industry by integrating various enterprises. The portal also improves competitiveness by installing a strong culture of knowledge collaboration and increased accessibility to expensive high‐performance‐computing (HPC) resources and tools. The integrated inter‐enterprise workflow with various public and private parties has simplified the procedure and expedites building plan approvals.
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