In this review article, we focus on collective motion in externally driven colloidal suspensions, as well as how these collective effects can be harnessed for use in microfluidic applications. We highlight the leading role of hydrodynamic interactions in the self-assembly, emergent behavior, transport, and mixing properties of colloidal suspensions. A special emphasis is given to recent numerical methods to simulate driven colloidal suspensions at large scales. In combination with experiments, they help us to understand emergent dynamics and to identify control parameters for both individual and collective motion in colloidal suspensions.