JPEG-2000
ISO/IEC International Standard 15444: Information technology - JPEG-2000 Image Coding System
based on wavelet coding in opposition to JPEG which was based on DCT coding:
PP - pre-processing
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WT - wavelet transform
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CP - codeblock partition
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Q - quantization
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EC - entropy coding
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RA - rate allocation
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performs better than JPEG when very high compression ratio is needed and for images containing textual data but not intended to replace JPEG standard
combines lossy and lossless coding in one scheme, so progressive transmission from very coarse up to original image is possible
region of interests (more important parts of the image) can be defined
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