diff --git a/.changelog/3557.changed.txt b/.changelog/3557.changed.txt
new file mode 100644
index 0000000000..86433cbc9f
--- /dev/null
+++ b/.changelog/3557.changed.txt
@@ -0,0 +1 @@
+deps: update opentelemetry-operator to 0.47.0
\ No newline at end of file
diff --git a/deploy/helm/sumologic/Chart.yaml b/deploy/helm/sumologic/Chart.yaml
index d3ae5c15c7..cdac36c0e2 100644
--- a/deploy/helm/sumologic/Chart.yaml
+++ b/deploy/helm/sumologic/Chart.yaml
@@ -33,6 +33,6 @@ dependencies:
     repository: https://sumologic.github.io/tailing-sidecar
     condition: tailing-sidecar-operator.enabled
   - name: opentelemetry-operator
-    version: 0.46.0
+    version: 0.47.0
     repository: https://open-telemetry.github.io/opentelemetry-helm-charts
     condition: opentelemetry-operator.enabled,sumologic.metrics.collector.otelcol.enabled