Bump CPS to 3.4.7-SNAPSHOT

- bump cps to 3.4.7-snapshot
- updated the relese notes

Issue-ID: CPS-2135
Change-Id: Ib166ebae2e3de9a727b3d0d4d21832c8858f4108
Signed-off-by: mpriyank <priyank.maheshwari@est.tech>
diff --git a/version.properties b/version.properties
index dbf29f3..b3ec570 100644
--- a/version.properties
+++ b/version.properties
@@ -22,7 +22,7 @@
 
 major=3
 minor=4
-patch=6
+patch=7
 
 base_version=${major}.${minor}.${patch}