Google has announced a new JPEG encoder that is capable of reducing the size of JPEG files by around 35%, it is called Guetzli.
The new JPEG Encoder can reduce files by up to 35% without losing any of the image quality and the new files also work with all existing browsers and applications.
At Google, we care about giving users the best possible online experience, both through our own services and products and by contributing new tools and industry standards for use by the online community. That’s why we’re excited to announce Guetzli, a new open source algorithm that creates high quality JPEG images with file sizes 35% smaller than currently available methods, enabling webmasters to create webpages that can load faster and use even less data.
Guetzli [guɛtsli] — cookie in Swiss German — is a JPEG encoder for digital images and web graphics that can enable faster online experiences by producing smaller JPEG files while still maintaining compatibility with existing browsers, image processing applications and the JPEG standard. From the practical viewpoint this is very similar to our Zopfli algorithm, which produces smaller PNG and gzip files without needing to introduce a new format, and different than the techniques used in RNN-based image compression, RAISR, and WebP, which all need client changes for compression gains at internet scale.
You can find out more details about the new Guetzli JPEG encoder over at Google at the link below, the company have made it open source.
Source Google