diff --git a/VERSION b/VERSION
index 653f458..cb7e5f6 100644
--- a/VERSION
+++ b/VERSION
@@ -1,2 +1,2 @@
-1.1.0
+1.2.0
 
diff --git a/docker-compose.yml b/docker-compose.yml
index 5e5b62a..0ee7d28 100644
--- a/docker-compose.yml
+++ b/docker-compose.yml
@@ -1,7 +1,7 @@
 version: '3.4'
 services:
   netbox: &netbox
-    image: ghcr.io/oxcert/netbox:${VERSION-v3.6-1.0.2}
+    image: ghcr.io/oxcert/netbox:${VERSION-v3.7-1.2.0}
     depends_on:
     - postgres
     - redis