Yup, in games we used to call this "asset cooking" where you target the platform specific texture compression in addition to tiling that you get as a part of th

Yup, in games we used to call this "asset cooking" where you target the platform specific texture compression in addition to tiling that you get as a part of that format. You get a nice 3-6x memory savings plus put less pressure on the texture samplers as memory bandwidth drops as well.