diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index 1265d7d78a..958d5ad5ec 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 5.7
+current_version = 5.8
 commit = True
 Tag = True
 parse = v?(?P<major>\d+)\.(?P<minor>\d+)
diff --git a/README.md b/README.md
index 0bcc782b7e..7c3ae2bdb3 100644
--- a/README.md
+++ b/README.md
@@ -21,5 +21,5 @@ To get started, please proceed to [The Splunk Observability Cloud Workshops Home
 If you are the host for the RUM workshop, please check this [README](https://github.com/splunk/observability-workshop/blob/main/workshop/apm/README.md)
 
 Latest versions of the workshop are:
+- [v5.8](https://splunk.github.io/observability-workshop/v5.8/)
 - [v5.7](https://splunk.github.io/observability-workshop/v5.7/)
-- [v5.6](https://splunk.github.io/observability-workshop/v5.6/)
diff --git a/VERSION b/VERSION
index 760606e1ff..3659ea2fa3 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-5.7
+5.8
diff --git a/hugo.yaml b/hugo.yaml
index dd0cf1aa1f..1ce6810faa 100644
--- a/hugo.yaml
+++ b/hugo.yaml
@@ -59,10 +59,10 @@ params:
   versions:
     - version: latest
       url: https://splunk.github.io/observability-workshop/latest/
-    - version: v5.6
-      url: https://splunk.github.io/observability-workshop/v5.6
     - version: v5.7
       url: https://splunk.github.io/observability-workshop/v5.7
+    - version: v5.8
+      url: https://splunk.github.io/observability-workshop/v5.8
   url_latest_version: https://splunk.github.io/observability-workshop/
 menu:
   shortcuts:
diff --git a/multipass/main.tf b/multipass/main.tf
index 87a7409cad..92eb352c82 100644
--- a/multipass/main.tf
+++ b/multipass/main.tf
@@ -66,7 +66,7 @@ variable "otel_demo" {
 variable "wsversion" {
   description = "Workshop version"
   type        = string
-  default     = "5.7"
+  default     = "5.8"
 }
 
 variable "instance_password" {
diff --git a/multipass/terraform.tfvars.template b/multipass/terraform.tfvars.template
index ed3b76315a..aa930bbed5 100644
--- a/multipass/terraform.tfvars.template
+++ b/multipass/terraform.tfvars.template
@@ -17,6 +17,6 @@ otel_demo = false
 pub_key = ""
 
 # Advanced
-wsversion = "5.7"
+wsversion = "5.8"
 user_data_tpl = "userdata.yaml"
 
diff --git a/workshop/aws/ec2/terraform.tfvars.template b/workshop/aws/ec2/terraform.tfvars.template
index a3268fd8a5..d4f89f43fa 100644
--- a/workshop/aws/ec2/terraform.tfvars.template
+++ b/workshop/aws/ec2/terraform.tfvars.template
@@ -20,5 +20,5 @@ otel_demo = false
 pub_key = ""
 
 # Advanced
-wsversion = "5.7"
+wsversion = "5.8"
 user_data_tpl = "userdata.yaml"
diff --git a/workshop/aws/ec2/variables.tf b/workshop/aws/ec2/variables.tf
index afbd833824..99bc09379b 100644
--- a/workshop/aws/ec2/variables.tf
+++ b/workshop/aws/ec2/variables.tf
@@ -25,7 +25,7 @@ variable "otel_demo" {
 variable "wsversion" {
   description = "Workshop version"
   type        = string
-  default     = "5.7"
+  default     = "5.8"
 }
 
 variable "user_data_tpl" {
diff --git a/workshop/cloud-init/victorops.yaml b/workshop/cloud-init/victorops.yaml
index 1c1eeecc28..acc3fd8d94 100644
--- a/workshop/cloud-init/victorops.yaml
+++ b/workshop/cloud-init/victorops.yaml
@@ -52,7 +52,7 @@ write_files:
 
 runcmd:
   # Download Workshop
-  - export WSVERSION=5.7
+  - export WSVERSION=5.8
   - 'export WSARCHIVE=$([ "$WSVERSION" = "main" ] && echo "main" || echo "v$WSVERSION")'
   - curl -s -OL https://github.com/splunk/observability-workshop/archive/$WSARCHIVE.zip
   - unzip -qq $WSARCHIVE.zip -d /home/ubuntu/