diff --git a/java/interface-annotations/pom.xml b/java/interface-annotations/pom.xml
index 62e3a26318..752b553dfe 100644
--- a/java/interface-annotations/pom.xml
+++ b/java/interface-annotations/pom.xml
@@ -21,7 +21,7 @@
   <parent>
     <groupId>org.apache.kudu</groupId>
     <artifactId>kudu-parent</artifactId>
-    <version>1.1.0-SNAPSHOT</version>
+    <version>1.2.0-SNAPSHOT</version>
   </parent>
 
   <artifactId>interface-annotations</artifactId>
diff --git a/java/kudu-client-tools/pom.xml b/java/kudu-client-tools/pom.xml
index 7913b4bfcc..f9d998b1de 100644
--- a/java/kudu-client-tools/pom.xml
+++ b/java/kudu-client-tools/pom.xml
@@ -23,7 +23,7 @@
     <parent>
         <groupId>org.apache.kudu</groupId>
         <artifactId>kudu-parent</artifactId>
-        <version>1.1.0-SNAPSHOT</version>
+        <version>1.2.0-SNAPSHOT</version>
     </parent>
 
     <artifactId>kudu-client-tools</artifactId>
diff --git a/java/kudu-client/pom.xml b/java/kudu-client/pom.xml
index 823dc1514b..cb5b55fd7d 100644
--- a/java/kudu-client/pom.xml
+++ b/java/kudu-client/pom.xml
@@ -23,7 +23,7 @@
     <parent>
         <groupId>org.apache.kudu</groupId>
         <artifactId>kudu-parent</artifactId>
-        <version>1.1.0-SNAPSHOT</version>
+        <version>1.2.0-SNAPSHOT</version>
     </parent>
 
     <artifactId>kudu-client</artifactId>
diff --git a/java/kudu-csd/pom.xml b/java/kudu-csd/pom.xml
index 8ee5fd282c..04a5c31c66 100644
--- a/java/kudu-csd/pom.xml
+++ b/java/kudu-csd/pom.xml
@@ -19,12 +19,12 @@ limitations under the License.
   <parent>
     <groupId>org.apache.kudu</groupId>
     <artifactId>kudu-parent</artifactId>
-    <version>1.1.0-SNAPSHOT</version>
+    <version>1.2.0-SNAPSHOT</version>
   </parent>
 
   <groupId>com.cloudera.csd</groupId>
   <artifactId>KUDU</artifactId>
-  <version>1.1.0-SNAPSHOT</version>
+  <version>1.2.0-SNAPSHOT</version>
   <name>The Kudu CSD</name>
   <packaging>pom</packaging>
 
diff --git a/java/kudu-csd/src/descriptor/service.sdl b/java/kudu-csd/src/descriptor/service.sdl
index c2cd8233ac..e363e10e24 100644
--- a/java/kudu-csd/src/descriptor/service.sdl
+++ b/java/kudu-csd/src/descriptor/service.sdl
@@ -18,7 +18,7 @@
   "name" : "KUDU",
   "label" : "Kudu (Beta)",
   "description" : "Kudu is a true column store for the Hadoop ecosystem. <span class=\"error\">Kudu is currently in Beta and is not supported. Before adding this service, ensure that you have installed the Kudu binaries, which are not included in CDH.</span>",
-  "version" : "1.1.0",
+  "version" : "1.2.0",
   "compatibility" : {
     "generation" : 1
   },
diff --git a/java/kudu-flume-sink/pom.xml b/java/kudu-flume-sink/pom.xml
index 0afa9f523a..98a2106a2d 100644
--- a/java/kudu-flume-sink/pom.xml
+++ b/java/kudu-flume-sink/pom.xml
@@ -15,7 +15,7 @@
   <parent>
     <artifactId>kudu-parent</artifactId>
     <groupId>org.apache.kudu</groupId>
-    <version>1.1.0-SNAPSHOT</version>
+    <version>1.2.0-SNAPSHOT</version>
   </parent>
   <artifactId>kudu-flume-sink</artifactId>
   <name>Kudu Flume NG Sink</name>
diff --git a/java/kudu-mapreduce/pom.xml b/java/kudu-mapreduce/pom.xml
index e0c1132065..fceab74541 100644
--- a/java/kudu-mapreduce/pom.xml
+++ b/java/kudu-mapreduce/pom.xml
@@ -23,7 +23,7 @@
     <parent>
         <groupId>org.apache.kudu</groupId>
         <artifactId>kudu-parent</artifactId>
-        <version>1.1.0-SNAPSHOT</version>
+        <version>1.2.0-SNAPSHOT</version>
     </parent>
 
     <artifactId>kudu-mapreduce</artifactId>
diff --git a/java/kudu-spark/pom.xml b/java/kudu-spark/pom.xml
index 13b58d8ede..707dac9e1d 100644
--- a/java/kudu-spark/pom.xml
+++ b/java/kudu-spark/pom.xml
@@ -17,7 +17,7 @@
     <parent>
         <groupId>org.apache.kudu</groupId>
         <artifactId>kudu-parent</artifactId>
-        <version>1.1.0-SNAPSHOT</version>
+        <version>1.2.0-SNAPSHOT</version>
     </parent>
 
     <artifactId>kudu-${spark.version.label}_${scala.binary.version}</artifactId>
diff --git a/java/pom.xml b/java/pom.xml
index 451545d9e4..b620471492 100644
--- a/java/pom.xml
+++ b/java/pom.xml
@@ -24,7 +24,7 @@
 
     <groupId>org.apache.kudu</groupId>
     <artifactId>kudu-parent</artifactId>
-    <version>1.1.0-SNAPSHOT</version>
+    <version>1.2.0-SNAPSHOT</version>
     <packaging>pom</packaging>
 
     <!-- inherit from the ASF POM for distribution management -->
diff --git a/python/setup.py b/python/setup.py
index 4681abd1ab..6e846804c8 100644
--- a/python/setup.py
+++ b/python/setup.py
@@ -32,7 +32,7 @@
     raise Exception('Please upgrade to Cython 0.21.0 or newer')
 
 MAJOR = 1
-MINOR = 1
+MINOR = 2
 MICRO = 0
 VERSION = '%d.%d.%d' % (MAJOR, MINOR, MICRO)
 ISRELEASED = True
diff --git a/version.txt b/version.txt
index 5902d52cce..468e6c357b 100644
--- a/version.txt
+++ b/version.txt
@@ -1 +1 @@
-1.1.0-SNAPSHOT
+1.2.0-SNAPSHOT