SVG is recommended by W3C and which is also integrated with the other standards like DOM and XSL. SVG is an open source technology.
The current version of SVG is 1.1 which was published as a W3C recommendation in August 2011. Earlier SVG was not supported by all the browsers but now supported by all the modern browsers. The wide Adoption of responsive web design with improved tools increased the use of SVG in web development projects.