diff --git a/core-services/document-grounding/pom.xml b/core-services/document-grounding/pom.xml
index 680421da0..99b839e17 100644
--- a/core-services/document-grounding/pom.xml
+++ b/core-services/document-grounding/pom.xml
@@ -4,7 +4,7 @@
   <parent>
     <groupId>com.sap.ai.sdk</groupId>
     <artifactId>sdk-parent</artifactId>
-    <version>1.19.0-SNAPSHOT</version>
+    <version>1.20.0-SNAPSHOT</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
   <artifactId>document-grounding</artifactId>
diff --git a/core-services/prompt-registry/pom.xml b/core-services/prompt-registry/pom.xml
index 29f6adacb..84da5e724 100644
--- a/core-services/prompt-registry/pom.xml
+++ b/core-services/prompt-registry/pom.xml
@@ -4,7 +4,7 @@
   <parent>
     <groupId>com.sap.ai.sdk</groupId>
     <artifactId>sdk-parent</artifactId>
-    <version>1.19.0-SNAPSHOT</version>
+    <version>1.20.0-SNAPSHOT</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
   <artifactId>prompt-registry</artifactId>
diff --git a/core/pom.xml b/core/pom.xml
index 789d62073..8a334b131 100644
--- a/core/pom.xml
+++ b/core/pom.xml
@@ -4,7 +4,7 @@
   <parent>
     <groupId>com.sap.ai.sdk</groupId>
     <artifactId>sdk-parent</artifactId>
-    <version>1.19.0-SNAPSHOT</version>
+    <version>1.20.0-SNAPSHOT</version>
   </parent>
   <artifactId>core</artifactId>
   <name>AI Core client</name>
diff --git a/foundation-models/openai/pom.xml b/foundation-models/openai/pom.xml
index a10e6a059..37b8d64bb 100644
--- a/foundation-models/openai/pom.xml
+++ b/foundation-models/openai/pom.xml
@@ -4,7 +4,7 @@
   <parent>
     <groupId>com.sap.ai.sdk</groupId>
     <artifactId>sdk-parent</artifactId>
-    <version>1.19.0-SNAPSHOT</version>
+    <version>1.20.0-SNAPSHOT</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
   <groupId>com.sap.ai.sdk.foundationmodels</groupId>
diff --git a/foundation-models/sap-rpt/pom.xml b/foundation-models/sap-rpt/pom.xml
index a93e6a980..111d60f8f 100644
--- a/foundation-models/sap-rpt/pom.xml
+++ b/foundation-models/sap-rpt/pom.xml
@@ -4,7 +4,7 @@
   <parent>
     <groupId>com.sap.ai.sdk</groupId>
     <artifactId>sdk-parent</artifactId>
-    <version>1.19.0-SNAPSHOT</version>
+    <version>1.20.0-SNAPSHOT</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
   <groupId>com.sap.ai.sdk.foundationmodels</groupId>
diff --git a/orchestration/pom.xml b/orchestration/pom.xml
index b947d4620..d148b4fbc 100644
--- a/orchestration/pom.xml
+++ b/orchestration/pom.xml
@@ -4,7 +4,7 @@
   <parent>
     <groupId>com.sap.ai.sdk</groupId>
     <artifactId>sdk-parent</artifactId>
-    <version>1.19.0-SNAPSHOT</version>
+    <version>1.20.0-SNAPSHOT</version>
   </parent>
   <artifactId>orchestration</artifactId>
   <name>Orchestration client</name>
diff --git a/pom.xml b/pom.xml
index 2b051b586..38a2ddbbe 100644
--- a/pom.xml
+++ b/pom.xml
@@ -3,7 +3,7 @@
   <modelVersion>4.0.0</modelVersion>
   <groupId>com.sap.ai.sdk</groupId>
   <artifactId>sdk-parent</artifactId>
-  <version>1.19.0-SNAPSHOT</version>
+  <version>1.20.0-SNAPSHOT</version>
   <packaging>pom</packaging>
   <name>Parent pom</name>
   <description>SAP Cloud SDK for AI is the official Software Development Kit (SDK) for SAP AI Core, SAP Generative AI Hub, and Orchestration Service. The parent pom defines dependency versions and plugin configurations</description>
diff --git a/sample-code/spring-app/pom.xml b/sample-code/spring-app/pom.xml
index 0ee409c9f..2ca8682fe 100644
--- a/sample-code/spring-app/pom.xml
+++ b/sample-code/spring-app/pom.xml
@@ -4,7 +4,7 @@
   <parent>
     <groupId>com.sap.ai.sdk</groupId>
     <artifactId>sdk-parent</artifactId>
-    <version>1.19.0-SNAPSHOT</version>
+    <version>1.20.0-SNAPSHOT</version>
     <relativePath>../../pom.xml</relativePath>
   </parent>
   <groupId>com.sap.ai.sdk.app</groupId>