I can see doing this with my outside table. Except I would make a tray in the center for ice and a hole for my umbrella pole. Makeover an Outdoor table and refresh chairs How to replace a glass tabletop,patio table update
DIY: Replace glass tabletop with tile for under $15!
Iridescent glass tile inlay in coffee table. If you're looking to protect the top of your coffee table, you could get a cheap plastic place mat or some shelf liner and hot glue a mosaic with tiles bought at Michaels.