I've had great results using JPEG-XS to transport video for colour grading in feature film & TV post production. At 3:1 or 4:1 compression ratio is effectively lossless.
It is patent-encumbered though, you have to pay license fees to deploy it.
Yeah, we've been deploying JPEG-XS for high bitrate streaming for a while.
A lot of our customers are moving their grading systems into data centres and streaming the images over IP back to their grading suites.
I've got it down to less than 1 frame for encode-transport-decode, but you've still got to copy the image to an SDI card and wait for that to clock out.
https://en.wikipedia.org/wiki/Second-system_effect
Coined by Fred Brooks in "The Mythical Man-Month" in 1975.
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