diff --git a/INSTALL.md b/INSTALL.md
index 926f40fa4..c188bad2f 100644
--- a/INSTALL.md
+++ b/INSTALL.md
@@ -73,7 +73,7 @@ This package uses the [Gradle](https://docs.gradle.org/current/userguide/usergui
     
 4. Because we are supplying our own version of the RCA framework, the SHA might have changed. So, delete the old SHA file if it exists. The SHA will get updated during build time.
  
-    `rm -f licenses/performanceanalyzer-rca-2.0.0.0-alpha1.jar.sha1`
+    `rm -f licenses/performanceanalyzer-rca-2.0.0.0-rc1.jar.sha1`
 
 5. Trigger a gradle build. This builds the plugin, runs unit tests and creates the plugin jar.
  
diff --git a/build.gradle b/build.gradle
index 62c4085de..c9efc93bb 100644
--- a/build.gradle
+++ b/build.gradle
@@ -52,11 +52,11 @@ distributions {
 }
 
 ext {
-    opensearch_version = System.getProperty("opensearch.version", "2.0.0-alpha1-SNAPSHOT")
+    opensearch_version = System.getProperty("opensearch.version", "2.0.0-rc1-SNAPSHOT")
     isSnapshot = "true" == System.getProperty("build.snapshot", "true")
-    buildVersionQualifier = System.getProperty("build.version_qualifier", "alpha1")
+    buildVersionQualifier = System.getProperty("build.version_qualifier", "rc1")
 
-    // 2.0.0-alpha1-SNAPSHOT -> 2.0.0.0-alpha1-SNAPSHOT
+    // 2.0.0-rc1-SNAPSHOT -> 2.0.0.0-rc1-SNAPSHOT
     version_tokens = opensearch_version.tokenize('-')
     opensearch_build = version_tokens[0] + '.0'
     if (buildVersionQualifier) {
diff --git a/docker/Dockerfile b/docker/Dockerfile
index 59344243a..907e21d80 100644
--- a/docker/Dockerfile
+++ b/docker/Dockerfile
@@ -29,7 +29,7 @@ WORKDIR /usr/share/opensearch
 ENV BUST_CACHE 1576286189
 
 # Download and extract defined OpenSearch version.
-RUN curl -fsSL https://artifacts.opensearch.org/snapshots/core/opensearch/2.0.0-alpha1-SNAPSHOT/opensearch-min-2.0.0-alpha1-SNAPSHOT-linux-x64-latest.tar.gz | \
+RUN curl -fsSL https://artifacts.opensearch.org/snapshots/core/opensearch/2.0.0-rc1-SNAPSHOT/opensearch-min-2.0.0-rc1-SNAPSHOT-linux-x64-latest.tar.gz | \
     tar zx --strip-components=1
 
 RUN set -ex && for opensearchdirs in config data logs; do \
@@ -38,12 +38,12 @@ RUN set -ex && for opensearchdirs in config data logs; do \
 
 COPY --chown=1000:0 opensearch.yml log4j2.properties config/
 
-COPY --chown=1000:0 performance-analyzer-rca-2.0.0.0-alpha1-SNAPSHOT.zip config/
+COPY --chown=1000:0 performance-analyzer-rca-2.0.0.0-rc1-SNAPSHOT.zip config/
 
-COPY --chown=1000:0 opensearch-performance-analyzer-2.0.0.0-alpha1-SNAPSHOT.zip /tmp/
+COPY --chown=1000:0 opensearch-performance-analyzer-2.0.0.0-rc1-SNAPSHOT.zip /tmp/
 
-RUN opensearch-plugin install --batch file:///tmp/opensearch-performance-analyzer-2.0.0.0-alpha1-SNAPSHOT.zip; \
-        rm /tmp/opensearch-performance-analyzer-2.0.0.0-alpha1-SNAPSHOT.zip
+RUN opensearch-plugin install --batch file:///tmp/opensearch-performance-analyzer-2.0.0.0-rc1-SNAPSHOT.zip; \
+        rm /tmp/opensearch-performance-analyzer-2.0.0.0-rc1-SNAPSHOT.zip
 
 USER 0
 
@@ -51,7 +51,7 @@ USER 0
 RUN chown -R opensearch:0 . && \
     chmod -R g=u /usr/share/opensearch
 
-RUN unzip config/performance-analyzer-rca-2.0.0.0-alpha1-SNAPSHOT.zip
+RUN unzip config/performance-analyzer-rca-2.0.0.0-rc1-SNAPSHOT.zip
 
 RUN cp -r performance-analyzer-rca/* plugins/opensearch-performance-analyzer/
 RUN chmod 755 /usr/share/opensearch/plugins/opensearch-performance-analyzer/pa_bin/performance-analyzer-agent
@@ -124,7 +124,7 @@ EXPOSE 9200 9300 9600 9650
 
 LABEL org.label-schema.schema-version="1.0" \
   org.label-schema.name="opensearch" \
-  org.label-schema.version="2.0.0-alpha1" \
+  org.label-schema.version="2.0.0-rc1" \
   org.label-schema.url="https://opensearch.org/" \
   org.label-schema.vcs-url="https://github.com/opensearch-project/opensearch-build" \
   org.label-schema.license="Apache-2.0" \
diff --git a/src/main/resources/plugin-descriptor.properties b/src/main/resources/plugin-descriptor.properties
index 722de98fb..22780a8db 100644
--- a/src/main/resources/plugin-descriptor.properties
+++ b/src/main/resources/plugin-descriptor.properties
@@ -27,7 +27,7 @@
 description=Performance Analyzer Plugin
 #
 # 'version': plugin's version
-version=2.0.0.0-alpha1
+version=2.0.0.0-rc1
 #
 # 'name': the plugin name
 name=performance-analyzer
@@ -42,4 +42,4 @@ classname=org.opensearch.performanceanalyzer.PerformanceAnalyzerPlugin
 java.version=1.8
 #
 # 'opensearch.version' version of openSearch compiled against
-opensearch.version=2.0.0-alpha1
+opensearch.version=2.0.0-rc1