diff --git a/update.sh b/update.sh
new file mode 100644
index 0000000000..8bd2423f62
--- /dev/null
+++ b/update.sh
@@ -0,0 +1,143 @@
+#!/bin/bash -e
+
+function updateAll {
+  updateModule "apiml"
+  updateModule "common-java"
+  updateModule "jobs"
+  updateModule "files"
+  updateModule "explorer-api-common"
+}
+
+function getArtifactId {
+  module=$1
+  case "${module}" in
+    apiml)
+      echo "g=org.zowe.apiml&a=api-catalog-services";;
+    common-java)
+      echo "g=org.zowe.apiml.sdk&a=common-java-lib-package";;
+    jobs)
+      echo "g=org.zowe.explorer.jobs&a=jobs-api-server";;
+    files)
+      echo "g=org.zowe.explorer.files&a=data-sets-api-server";;
+    explorer-api-common)
+      echo "g=org.zowe.explorer.api&a=explorer-api-common";;
+    *)
+      exit 1
+  esac
+}
+
+function getComponentRegex {
+  module=$1
+  case "${module}" in
+    apiml)
+      echo "api-catalog|caching|discovery|gateway|org.zowe.apiml.api-catalog-package|org.zowe.apiml.discovery-package|org.zowe.apiml.gateway-package|org.zowe.apiml.caching-service-package|org.zowe.apiml.metrics-service-package|org.zowe.apiml.apiml-common-lib-package|org.zowe.apiml.sdk.apiml-sample-extension-package|org.zowe.apiml.cloud-gateway-package|api-layer";;
+    common-java)
+      echo "org.zowe.apiml.sdk.common-java-lib-package|common-java";;
+    jobs)
+      echo "jobs-api|jobs|org.zowe.explorer.jobs.jobs-api-package";;
+    files)
+      echo "files-api|data-sets|org.zowe.explorer.files.files-api-package";;
+    explorer-api-common)
+      echo "explorer-api-common";;
+    *)
+    exit 1
+  esac
+}
+
+function getValue {
+  module="$1"
+
+  fieldRegex="\"$2\".*:.*\"(.*)\""
+  moduleRegex="\"($(getComponentRegex "${module}"))\""
+
+  selected=0
+  while read -r line; do
+    if [[ "${line}" =~ ${moduleRegex} ]]; then
+      selected=1
+    elif [[ "${line}" =~ :.*{ ]]; then
+      selected=0
+    fi
+
+    if [[ ${selected} -eq 1 ]]; then
+      if [[ "${line}" =~ ${fieldRegex} ]]; then
+        echo ${BASH_REMATCH[-1]}
+        return
+      fi
+    fi
+  done < manifest.json.template
+}
+
+function getVersion {
+  module=$1
+
+  currentVersion="$(getValue "${module}" "(tag|version)")"
+  [[ "${currentVersion}" =~ ^[^0-9]([0-9]+)\. ]]
+  majorVersion="${BASH_REMATCH[1]}"
+
+  [[ "$(getValue "${module}" "name")" =~ .*/(.*) ]]
+  artifactId="${BASH_REMATCH[1]}"
+
+  lastVersion=$(curl -s -X GET "https://zowe.jfrog.io/artifactory/api/search/latestVersion?repos=libs-release-local&v=${majorVersion}.*&$(getArtifactId "${module}")")
+
+  echo "${lastVersion}"
+}
+
+function update {
+  module=$1
+  version=$2
+
+  moduleRegex="\"($(getComponentRegex "${module}"))\""
+
+  selected=0
+  IFS=""
+  while read -r line; do
+    if [[ "${line}" =~ ${moduleRegex} ]]; then
+      selected=1
+    elif [[ "${line}" =~ \"entries\".*:.*{ ]]; then
+      # skipping entries line
+      selected=${selected}
+    elif [[ "${line}" =~ :.*{ ]]; then
+      selected=0
+    fi
+
+    if [[ ${selected} -eq 1 ]]; then
+      if [[ "${line}" =~ ^(.*\"(tag|version)\".*:[^0-9]*)[0-9.]+([^0-9]*)$ ]]; then
+        echo "${BASH_REMATCH[1]}${version}${BASH_REMATCH[3]}"
+        selected=0
+      else
+        echo ${line}
+      fi
+    else
+      echo ${line}
+    fi
+  done < manifest.json.template
+}
+
+function updateModule {
+  module="${1}"
+  version="${2:-$(getVersion "${module}")}"
+
+  echo "Updating ${module} to version $version"
+
+  update "$module" "$version" > manifest.json.template.new
+  rm manifest.json.template
+  mv manifest.json.template.new manifest.json.template
+}
+
+if [ $# -ne 0 ]; then
+  while (( $# )); do
+    module=$1
+    version=""
+    if [[ ! "${2:-}" =~ ^- ]]; then
+      version=$2
+      if [[ ! -z "${2:-}" ]]; then
+        shift
+      fi
+    fi
+    shift
+
+    updateModule "${module:1}" "$version"
+  done
+else
+  updateAll
+fi