diff --git a/anomalib/__init__.py b/anomalib/__init__.py
index 43cc671314..fd7eef7135 100644
--- a/anomalib/__init__.py
+++ b/anomalib/__init__.py
@@ -14,4 +14,4 @@
 # See the License for the specific language governing permissions
 # and limitations under the License.
 
-__version__ = "0.2.2"
+__version__ = "0.2.3"
diff --git a/setup.py b/setup.py
index 62f31010d5..689dfa34f8 100644
--- a/setup.py
+++ b/setup.py
@@ -86,7 +86,7 @@ def get_required_packages(requirement_files: List[str]) -> List[str]:
 setup(
     name="anomalib",
     # TODO: https://github.com/openvinotoolkit/anomalib/issues/36
-    version="0.2.2",
+    version="0.2.3",
     author="Intel OpenVINO",
     author_email="help@openvino.intel.com",
     description="anomalib - Anomaly Detection Library",