diff --git a/google-cloud-trace-bom/pom.xml b/google-cloud-trace-bom/pom.xml
index 87603a4d2..611711c03 100644
--- a/google-cloud-trace-bom/pom.xml
+++ b/google-cloud-trace-bom/pom.xml
@@ -8,7 +8,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-shared-config</artifactId>
-    <version>0.2.1</version>
+    <version>0.3.0</version>
   </parent>
 
   <name>Google Cloud Trace BOM</name>
diff --git a/pom.xml b/pom.xml
index 8658cee00..b5458893c 100644
--- a/pom.xml
+++ b/pom.xml
@@ -14,7 +14,7 @@
   <parent>
     <groupId>com.google.cloud</groupId>
     <artifactId>google-cloud-shared-config</artifactId>
-    <version>0.2.1</version>
+    <version>0.3.0</version>
   </parent>
 
   <developers>