diff --git a/pom.xml b/pom.xml
index 5dbbeb468..c67c21d24 100644
--- a/pom.xml
+++ b/pom.xml
@@ -10,7 +10,7 @@
     <modelVersion>4.0.0</modelVersion>
     <groupId>com.sap.cp.jenkins</groupId>
     <artifactId>jenkins-library</artifactId>
-    <version>0.2</version>
+    <version>0.3</version>
 
     <name>SAP CP Piper Library</name>
     <description>Shared library containing steps and utilities to set up continuous deployment processes for SAP technologies.</description>