Readers may recall Faultline’s coverage of the MovieLabs ontologies, as part of the Hollywood studio darling’s 2020 vision for streamlined cloud-based production. Well, this week welcomed The Society of Motion Picture and Television Engineers (SMPTE) Annual Technical Conference (ATC) 2021, which kicked off with an on-set virtual production fanfare based around the recently introduced Rapid Industry Solutions (RIS) initiative. Don’t let the dreaded S-word put you off, because the RIS is actually a quite important moment in what SMPTE does best – providing tools, standards and education to the media and entertainment industry – while by the same token being something of a maverick initiative by SMPTE’s usual standards of working. Unless you’ve been living under a rather large stone…