diff --git a/README.md b/README.md
index b247f55b8..a82a03d10 100644
--- a/README.md
+++ b/README.md
@@ -17,12 +17,12 @@ Powertools is available in Maven Central. You can use your favourite dependency
     <dependency>
         <groupId>software.amazon.lambda</groupId>
         <artifactId>powertools-tracing</artifactId>
-        <version>0.2.0-beta</version>
+        <version>0.3.0-beta</version>
     </dependency>
     <dependency>
         <groupId>software.amazon.lambda</groupId>
         <artifactId>powertools-logging</artifactId>
-        <version>0.2.0-beta</version>
+        <version>0.3.0-beta</version>
     </dependency>
     ...
 </dependencies>
diff --git a/docs/content/index.mdx b/docs/content/index.mdx
index 7ae3dee7b..49dfd4bef 100644
--- a/docs/content/index.mdx
+++ b/docs/content/index.mdx
@@ -16,12 +16,12 @@ Powertools dependencies are available in Maven Central. You can use your favouri
     <dependency>
         <groupId>software.amazon.lambda</groupId>
         <artifactId>powertools-tracing</artifactId>
-        <version>0.2.0-beta</version>
+        <version>0.3.0-beta</version>
     </dependency>
     <dependency>
         <groupId>software.amazon.lambda</groupId>
         <artifactId>powertools-logging</artifactId>
-        <version>0.2.0-beta</version>
+        <version>0.3.0-beta</version>
     </dependency>
     ...
 </dependencies>
diff --git a/docs/content/utilities/sqs_large_message_handling.mdx b/docs/content/utilities/sqs_large_message_handling.mdx
index f2f75515d..dca2830f9 100644
--- a/docs/content/utilities/sqs_large_message_handling.mdx
+++ b/docs/content/utilities/sqs_large_message_handling.mdx
@@ -29,7 +29,7 @@ To install this utility, add the following dependency to your project.
 <dependency>
     <groupId>software.amazon.lambda</groupId>
     <artifactId>powertools-sqs</artifactId>
-    <version>0.2.0-beta</version>
+    <version>0.3.0-beta</version>
 </dependency>
 ```
 
diff --git a/example/HelloWorldFunction/pom.xml b/example/HelloWorldFunction/pom.xml
index d739279d7..ab7e5035e 100644
--- a/example/HelloWorldFunction/pom.xml
+++ b/example/HelloWorldFunction/pom.xml
@@ -16,17 +16,17 @@
         <dependency>
             <groupId>software.amazon.lambda</groupId>
             <artifactId>powertools-tracing</artifactId>
-            <version>0.2.0-beta</version>
+            <version>0.3.0-beta</version>
         </dependency>
         <dependency>
             <groupId>software.amazon.lambda</groupId>
             <artifactId>powertools-logging</artifactId>
-            <version>0.2.0-beta</version>
+            <version>0.3.0-beta</version>
         </dependency>
         <dependency>
             <groupId>software.amazon.lambda</groupId>
             <artifactId>powertools-metrics</artifactId>
-            <version>0.2.0-beta</version>
+            <version>0.3.0-beta</version>
         </dependency>
         <dependency>
             <groupId>com.amazonaws</groupId>
diff --git a/pom.xml b/pom.xml
index 2f04e62dc..5df5397cd 100644
--- a/pom.xml
+++ b/pom.xml
@@ -6,7 +6,7 @@
 
     <groupId>software.amazon.lambda</groupId>
     <artifactId>powertools-parent</artifactId>
-    <version>0.2.0-beta</version>
+    <version>0.3.0-beta</version>
     <packaging>pom</packaging>
 
     <name>AWS Lambda Powertools Java library Parent</name>
diff --git a/powertools-core/pom.xml b/powertools-core/pom.xml
index 97b566084..ff369004c 100644
--- a/powertools-core/pom.xml
+++ b/powertools-core/pom.xml
@@ -10,7 +10,7 @@
     <parent>
         <artifactId>powertools-parent</artifactId>
         <groupId>software.amazon.lambda</groupId>
-        <version>0.2.0-beta</version>
+        <version>0.3.0-beta</version>
     </parent>
 
     <name>AWS Lambda Powertools Java library Core</name>
diff --git a/powertools-logging/pom.xml b/powertools-logging/pom.xml
index f14217e79..ed5c098e6 100644
--- a/powertools-logging/pom.xml
+++ b/powertools-logging/pom.xml
@@ -10,7 +10,7 @@
     <parent>
         <artifactId>powertools-parent</artifactId>
         <groupId>software.amazon.lambda</groupId>
-        <version>0.2.0-beta</version>
+        <version>0.3.0-beta</version>
     </parent>
 
     <name>AWS Lambda Powertools Java library Logging</name>
diff --git a/powertools-metrics/pom.xml b/powertools-metrics/pom.xml
index a753cc292..5780e5ce6 100644
--- a/powertools-metrics/pom.xml
+++ b/powertools-metrics/pom.xml
@@ -10,7 +10,7 @@
     <parent>
         <artifactId>powertools-parent</artifactId>
         <groupId>software.amazon.lambda</groupId>
-        <version>0.2.0-beta</version>
+        <version>0.3.0-beta</version>
     </parent>
 
     <name>AWS Lambda Powertools Java library Metrics</name>
diff --git a/powertools-sqs/pom.xml b/powertools-sqs/pom.xml
index 2af9d2b40..cf3496867 100644
--- a/powertools-sqs/pom.xml
+++ b/powertools-sqs/pom.xml
@@ -10,7 +10,7 @@
     <parent>
         <artifactId>powertools-parent</artifactId>
         <groupId>software.amazon.lambda</groupId>
-        <version>0.2.0-beta</version>
+        <version>0.3.0-beta</version>
     </parent>
 
     <name>AWS Lambda Powertools Java library SQS</name>
diff --git a/powertools-tracing/pom.xml b/powertools-tracing/pom.xml
index 2d26417be..fdbb13854 100644
--- a/powertools-tracing/pom.xml
+++ b/powertools-tracing/pom.xml
@@ -10,7 +10,7 @@
     <parent>
         <artifactId>powertools-parent</artifactId>
         <groupId>software.amazon.lambda</groupId>
-        <version>0.2.0-beta</version>
+        <version>0.3.0-beta</version>
     </parent>
 
     <name>AWS Lambda Powertools Java library Tracing</name>