diff --git a/api-parent/access-api/pom.xml b/api-parent/access-api/pom.xml
index 0d0716d1..1f2d35f3 100644
--- a/api-parent/access-api/pom.xml
+++ b/api-parent/access-api/pom.xml
@@ -5,7 +5,7 @@
     <parent>
         <groupId>com.sap.cloud.environment.servicebinding.api</groupId>
         <artifactId>java-api-parent</artifactId>
-        <version>0.7.0</version>
+        <version>0.8.0</version>
     </parent>
     <artifactId>java-access-api</artifactId>
 
diff --git a/api-parent/consumption-api/pom.xml b/api-parent/consumption-api/pom.xml
index 440610d2..f99da718 100644
--- a/api-parent/consumption-api/pom.xml
+++ b/api-parent/consumption-api/pom.xml
@@ -5,7 +5,7 @@
     <parent>
         <groupId>com.sap.cloud.environment.servicebinding.api</groupId>
         <artifactId>java-api-parent</artifactId>
-        <version>0.7.0</version>
+        <version>0.8.0</version>
     </parent>
     <artifactId>java-consumption-api</artifactId>
 
diff --git a/api-parent/core-api/pom.xml b/api-parent/core-api/pom.xml
index 4f436661..bc80f4c3 100644
--- a/api-parent/core-api/pom.xml
+++ b/api-parent/core-api/pom.xml
@@ -5,7 +5,7 @@
     <parent>
         <groupId>com.sap.cloud.environment.servicebinding.api</groupId>
         <artifactId>java-api-parent</artifactId>
-        <version>0.7.0</version>
+        <version>0.8.0</version>
     </parent>
     <artifactId>java-core-api</artifactId>
 
@@ -43,4 +43,4 @@
         </dependency>
     </dependencies>
 
-</project>
+</project>
\ No newline at end of file
diff --git a/api-parent/pom.xml b/api-parent/pom.xml
index 48e7effe..cf1039d7 100644
--- a/api-parent/pom.xml
+++ b/api-parent/pom.xml
@@ -5,7 +5,7 @@
     <parent>
         <groupId>com.sap.cloud.environment.servicebinding</groupId>
         <artifactId>java-parent</artifactId>
-        <version>0.7.0</version>
+        <version>0.8.0</version>
     </parent>
     <groupId>com.sap.cloud.environment.servicebinding.api</groupId>
     <artifactId>java-api-parent</artifactId>
diff --git a/bom/pom.xml b/bom/pom.xml
index 0fbaf87b..76ae9d96 100644
--- a/bom/pom.xml
+++ b/bom/pom.xml
@@ -4,7 +4,7 @@
 
     <groupId>com.sap.cloud.environment.servicebinding</groupId>
     <artifactId>java-bom</artifactId>
-    <version>0.7.0</version>
+    <version>0.8.0</version>
     <packaging>pom</packaging>
     <name>java-bom</name>
     <description>Bill of Material (BOM) for the Java client library to access BTP environment service bindings</description>
@@ -44,7 +44,7 @@
     </distributionManagement>
 
     <properties>
-        <cloud-environment.version>0.7.0</cloud-environment.version>
+        <cloud-environment.version>0.8.0</cloud-environment.version>
         <org.json.version>20230618</org.json.version>
         <junit-jupiter.version>5.9.3</junit-jupiter.version>
         <assertj-core.version>3.24.2</assertj-core.version>
diff --git a/modules-bom/pom.xml b/modules-bom/pom.xml
index c0f411ac..1af7b9f1 100644
--- a/modules-bom/pom.xml
+++ b/modules-bom/pom.xml
@@ -4,7 +4,7 @@
 
     <groupId>com.sap.cloud.environment.servicebinding</groupId>
     <artifactId>java-modules-bom</artifactId>
-    <version>0.7.0</version>
+    <version>0.8.0</version>
     <packaging>pom</packaging>
     <name>java-modules-bom</name>
     <description>Bill of Material (BOM) for modules of the Java client library to access BTP environment service bindings</description>
@@ -44,7 +44,7 @@
     </distributionManagement>
 
     <properties>
-        <cloud-environment.version>0.7.0</cloud-environment.version>
+        <cloud-environment.version>0.8.0</cloud-environment.version>
     </properties>
 
     <dependencyManagement>
diff --git a/pom.xml b/pom.xml
index c27520c5..b5238c6c 100644
--- a/pom.xml
+++ b/pom.xml
@@ -3,7 +3,7 @@
     <modelVersion>4.0.0</modelVersion>
     <groupId>com.sap.cloud.environment.servicebinding</groupId>
     <artifactId>java-parent</artifactId>
-    <version>0.7.0</version>
+    <version>0.8.0</version>
     <packaging>pom</packaging>
     <name>java-parent</name>
     <description>Java Client Library to access BTP environment service bindings</description>
@@ -60,7 +60,7 @@
         <project.build.sourceEncoding>UTF-8</project.build.sourceEncoding>
         <project.reporting.outputEncoding>UTF-8</project.reporting.outputEncoding>
 
-        <cloud-environment.version>0.7.0</cloud-environment.version>
+        <cloud-environment.version>0.8.0</cloud-environment.version>
 
         <maven.compiler.source>1.8</maven.compiler.source>
         <maven.compiler.target>1.8</maven.compiler.target>
diff --git a/sap-service-operator/pom.xml b/sap-service-operator/pom.xml
index a527e01a..764b468b 100644
--- a/sap-service-operator/pom.xml
+++ b/sap-service-operator/pom.xml
@@ -4,7 +4,7 @@
     <parent>
         <groupId>com.sap.cloud.environment.servicebinding</groupId>
         <artifactId>java-parent</artifactId>
-        <version>0.7.0</version>
+        <version>0.8.0</version>
     </parent>
     <artifactId>java-sap-service-operator</artifactId>
 
diff --git a/sap-vcap-services/pom.xml b/sap-vcap-services/pom.xml
index bad47c7a..e0aa9e0d 100644
--- a/sap-vcap-services/pom.xml
+++ b/sap-vcap-services/pom.xml
@@ -4,7 +4,7 @@
     <parent>
         <groupId>com.sap.cloud.environment.servicebinding</groupId>
         <artifactId>java-parent</artifactId>
-        <version>0.7.0</version>
+        <version>0.8.0</version>
     </parent>
     <artifactId>java-sap-vcap-services</artifactId>