The JPEG XS (ISO/IEC 21122) standard specifies a compression technology with an end-to-end latency of a few lines, at a low implementation complexity. For example, this allows hardware implementations that do not require external memory. Its design offers various degrees of parallelism allowing for efficient implementation on various platforms such as FPGAs, ASICs, CPUs and GPUs. In addition, JPEG XS excels with high multi-generation robustness and is particularly optimized for visual lossless compression as defined in ISO/IEC 29170-2 for both natural and synthetic images.