With the release of Firefox 65 earlier this year, every modern (as in "Non-Internet Explorer") browser now support WEBP, so I'm thinking that it might be time to start incorporating this image format into production work. I remember following the development of the JPEG 2000 format with anticipation, followed by forgetfulness. But now it appears as if we do indeed have a new and shiny format to play with.
Among some of the new format's perks are its improved compression over JPEG and PNG. Or that's at least what Google says:
WebP lossless images are 26% smaller in size compared to PNGs. WebP lossy images are 25-34% smaller than comparable JPEG images at equivalent SSIM quality index.
WEBP can even do animations. Perhaps we can soon end the arguments on how to properly pronounce "GIF"?