diff --git a/pom.xml b/pom.xml
index c993500a2..730a2db51 100644
--- a/pom.xml
+++ b/pom.xml
@@ -14,7 +14,7 @@
     </parent>
     <groupId>io.jenkins.plugins</groupId>
     <artifactId>opentelemetry</artifactId>
-    <version>${revision}${changelist}</version>
+    <version>2.12.0-rc1</version>
     <packaging>hpi</packaging>
     <properties>
         <revision>2.11.1</revision>
@@ -466,7 +466,7 @@
         <connection>scm:git:git://github.com/${gitHubRepo}.git</connection>
         <developerConnection>scm:git:git@github.com:${gitHubRepo}.git</developerConnection>
         <url>https://github.com/${gitHubRepo}</url>
-        <tag>opentelemetry-2.11.0</tag>
+        <tag>opentelemetry-2.12.0-rc1</tag>
     </scm>
     <profiles>
         <profile>