diff --git a/bom/application/pom.xml b/bom/application/pom.xml
index 1ad953518c885..51370af39b872 100644
--- a/bom/application/pom.xml
+++ b/bom/application/pom.xml
@@ -152,7 +152,7 @@
         <aws-lambda-java-events.version>3.11.0</aws-lambda-java-events.version>
         <aws-xray.version>2.13.0</aws-xray.version>
         <azure-functions-java-library.version>1.4.2</azure-functions-java-library.version>
-        <kotlin.version>1.7.22</kotlin.version>
+        <kotlin.version>1.8.0</kotlin.version>
         <kotlin.coroutine.version>1.6.4</kotlin.coroutine.version>
         <kotlin-serialization.version>1.4.1</kotlin-serialization.version>
         <kubernetes-client.version>6.3.1</kubernetes-client.version> <!-- Please check with Java Operator SDK team before updating -->