diff --git a/pom.xml b/pom.xml
index b9d18586..38899ff8 100644
--- a/pom.xml
+++ b/pom.xml
@@ -11,7 +11,7 @@
 	<parent>
 		<groupId>org.springframework.cloud</groupId>
 		<artifactId>spring-cloud-build</artifactId>
-		<version>3.0.4-SNAPSHOT</version>
+		<version>3.1.0-SNAPSHOT</version>
 		<relativePath/>
 	</parent>
 	<scm>
@@ -26,7 +26,7 @@
 	<properties>
 		<main.basedir>${basedir}</main.basedir>
 		<jackson.version>2.11.3</jackson.version>
-		<spring-cloud-commons.version>3.0.4-SNAPSHOT</spring-cloud-commons.version>
+		<spring-cloud-commons.version>3.1.0-SNAPSHOT</spring-cloud-commons.version>
 
 		<!-- Plugin versions -->
 		<maven-eclipse-plugin.version>2.10</maven-eclipse-plugin.version>