diff --git a/etc/release-tools/tag-update-next.sh b/etc/release-tools/tag-update-next.sh
new file mode 100755
index 00000000..81fb5527
--- /dev/null
+++ b/etc/release-tools/tag-update-next.sh
@@ -0,0 +1,94 @@
+#!/bin/bash
+
+if [ "$#" -ne 5 ]; then
+    echo "Please specify the tag, functions next, core next, apps next and aggregator next versions"
+    exit
+fi
+
+TAG=$1
+FUNCTIONS_NEXT=$2
+CORE_NEXT=$3
+APPS_NEXT=$4
+AGGREGATOR_NEXT=$5 
+
+pushd ../..
+
+git tag $TAG
+git push upstream $TAG
+
+./mvnw -Ddisable.checks=true -f functions versions:set -DnewVersion=$FUNCTIONS_NEXT -DgenerateBackupPoms=false 
+
+./mvnw -Ddisable.checks=true -f applications/stream-applications-core versions:set -DnewVersion=$CORE_NEXT -DgenerateBackupPoms=false -DupdateMatchingVersions=false
+
+cd applications/stream-applications-core
+sed -i '' 's/<java-functions.version>.*/<java-functions.version>'"$2"'<\/java-functions.version>/g' pom.xml
+cd ../..
+
+./mvnw -Ddisable.checks=true -f applications/stream-applications-core clean install -DskipTests
+
+./mvnw -Ddisable.checks=true -f applications/source versions:set -DnewVersion=$APPS_NEXT -DgenerateBackupPoms=false
+./mvnw -Ddisable.checks=true -f applications/source versions:update-parent -DparentVersion=$CORE_NEXT -Pspring -DgenerateBackupPoms=false
+
+cd applications/source
+
+for folder in *; do
+    [ -d "${folder}" ] || continue # if not a directory, skip
+    echo "FOLDER NAME - ${folder}"
+    pushd ${folder}
+    ../../../mvnw -Ddisable.checks=true versions:set -DnewVersion=$APPS_NEXT -DgenerateBackupPoms=false
+    ../../../mvnw -Ddisable.checks=true versions:update-parent -DparentVersion=$CORE_NEXT -Pspring -DgenerateBackupPoms=false
+    popd
+done
+
+cd ../../
+
+./mvnw -Ddisable.checks=true -f applications/sink versions:set -DnewVersion=$APPS_NEXT -DgenerateBackupPoms=false 
+./mvnw -Ddisable.checks=true -f applications/sink versions:update-parent -DparentVersion=$CORE_NEXT -Pspring -DgenerateBackupPoms=false
+
+cd applications/sink
+
+for folder in *; do
+    [ -d "${folder}" ] || continue # if not a directory, skip
+    echo "FOLDER NAME - ${folder}"
+    pushd ${folder}
+    ../../../mvnw -Ddisable.checks=true versions:set -DnewVersion=$APPS_NEXT -DgenerateBackupPoms=false
+    ../../../mvnw -Ddisable.checks=true versions:update-parent -DparentVersion=$CORE_NEXT -Pspring -DgenerateBackupPoms=false
+    popd
+done
+
+cd ../../
+
+./mvnw -Ddisable.checks=true -f applications/processor versions:set -DnewVersion=$APPS_NEXT -DgenerateBackupPoms=false
+./mvnw -Ddisable.checks=true -f applications/processor versions:update-parent -DparentVersion=$CORE_NEXT -Pspring -DgenerateBackupPoms=false
+
+cd applications/processor
+
+for folder in *; do
+    [ -d "${folder}" ] || continue # if not a directory, skip
+    echo "FOLDER NAME - ${folder}"
+    pushd ${folder}
+    ../../../mvnw -Ddisable.checks=true versions:set -DnewVersion=$APPS_NEXT -DgenerateBackupPoms=false
+    ../../../mvnw -Ddisable.checks=true versions:update-parent -DparentVersion=$CORE_NEXT -Pspring -DgenerateBackupPoms=false
+    popd
+done
+
+cd ../../
+
+cd applications/stream-applications-build
+sed -i '' 's/<apps.version>.*/<apps.version>'"$APPS_NEXT"'<\/apps.version>/g' pom.xml
+cd ../.. 
+
+./mvnw -Ddisable.checks=true -f applications/stream-applications-build versions:set -DnewVersion=$AGGREGATOR_NEXT -DgenerateBackupPoms=false
+./mvnw -Ddisable.checks=true -f applications/stream-applications-build versions:update-parent -DparentVersion=$CORE_NEXT -Pspring -DgenerateBackupPoms=false
+
+popd
+
+echo "in git commit"
+COMMIT_MSG="Next version updates
+  Functions: $FUNCTIONS_NEXT
+  Core Apps: $CORE_NEXT
+  Apps: $APPS_NEXT
+  Aggregate Next:$AGGREGATOR_NEXT"
+git commit -am"$COMMIT_MSG"
+git push origin master && git push upstream master
+