diff --git a/pom.xml b/pom.xml
index bb3fdf325..c1faa30dc 100644
--- a/pom.xml
+++ b/pom.xml
@@ -13,7 +13,7 @@
 	<parent>
 		<groupId>org.springframework.cloud</groupId>
 		<artifactId>spring-cloud-build</artifactId>
-		<version>1.1.2.BUILD-SNAPSHOT</version>
+		<version>1.2.0.BUILD-SNAPSHOT</version>
 		<relativePath/>
 		<!-- lookup parent from repository -->
 	</parent>
@@ -208,7 +208,7 @@
 		<maven.compiler.testSource>1.8</maven.compiler.testSource>
 		<surefire.plugin.version>2.19.1</surefire.plugin.version>
 		<checkstyle.version>2.17</checkstyle.version>
-		<spring-cloud-build.version>1.1.2.BUILD-SNAPSHOT</spring-cloud-build.version>
+		<spring-cloud-build.version>1.2.0.BUILD-SNAPSHOT</spring-cloud-build.version>
 	</properties>
 
 	<profiles>
diff --git a/spring-cloud-sleuth-dependencies/pom.xml b/spring-cloud-sleuth-dependencies/pom.xml
index 7b2d3a16c..585448591 100644
--- a/spring-cloud-sleuth-dependencies/pom.xml
+++ b/spring-cloud-sleuth-dependencies/pom.xml
@@ -5,7 +5,7 @@
 	<parent>
 		<artifactId>spring-cloud-dependencies-parent</artifactId>
 		<groupId>org.springframework.cloud</groupId>
-		<version>1.1.2.BUILD-SNAPSHOT</version>
+		<version>1.2.0.BUILD-SNAPSHOT</version>
         <relativePath/>
 	</parent>
 	<artifactId>spring-cloud-sleuth-dependencies</artifactId>