1. A method for generating implementation artifacts for contextually-aware business applications, the method comprising: utilizing a platform independent model (PIM) of a business application; generating a platform specific model (PSM) from the PIM, wherein the generating of a PSM includes one or more transformations between one or more meta-models of the PIM and one or more meta-models of the generated PSM; generating implementation artifacts; and binding the generated implementation artifacts with any existing services of the business application.