diff --git a/scripts/lib/versions.js b/scripts/lib/versions.js
index 6ed6e1e7e5c..6f5041a55b9 100755
--- a/scripts/lib/versions.js
+++ b/scripts/lib/versions.js
@@ -2,6 +2,8 @@ const https = require("https");
 const xml2js = require('xml2js');
 const fs = require('fs');
 const exec = require('util').promisify(require('child_process').exec);
+const cachedBowerVersions = {};
+const cachedNpmVersions = {};
 
 async function run(cmd) {
   const { stdout, stderr } = await exec(cmd);
@@ -106,24 +108,30 @@ async function getAnnotations(){
 }
 
 async function getLatestNpmVersion(package, version, major, minor) {
-  cmd = `npm view ${package} versions --json`;
-  const json = await JSON.parse(await run(cmd))
-  const versions = json.filter(version => version.startsWith(`${major}.${minor}`));
-  const next =  versions.pop();
-  console.log(`Checking next version for ${package} ${version} ${next}`);
-  return next;
+  if (!cachedNpmVersions[package]) {
+    cmd = `npm view ${package} versions --json`;
+    const json = await JSON.parse(await run(cmd))
+    const versions = json.filter(version => version.startsWith(`${major}.${minor}`));
+    const next =  versions.pop();
+    console.log(`Checking next Npm version for ${package} ${version} ${next}`);
+    cachedNpmVersions[package] = next;
+  }
+  return cachedNpmVersions[package];
 }
 
 async function getLatestBowerVersion(package, version, major, minor) {
-  cmd = `bower info ${package} --json`;
-  const json = await JSON.parse(await run(cmd));
-  const versions = json.versions.filter(version => version.startsWith(`${major}.${minor}`));
-  const next =  versions[0]
-  console.log(`Checking next version for ${package} ${version} ${next}`);
-  return next;
+  if (!cachedBowerVersions[package]) {
+    cmd = `bower info ${package} --json`;
+    const json = await JSON.parse(await run(cmd));
+    const versions = json.versions.filter(version => version.startsWith(`${major}.${minor}`));
+    const next =  versions[0]
+    console.log(`Checking next Bower version for ${package} ${version} ${next}`);
+    cachedBowerVersions[package] = next;
+  }
+  return cachedBowerVersions[package];
 }
 
-async function computeVertionToUpdate(data) {
+async function computeVersionToUpdate(data) {
   return (data['updatedVersion'] = await getLatestNpmVersion(data.package, data.version, data.major, data.minor));
 }
 
@@ -131,7 +139,7 @@ module.exports = {
   getVersions,
   getVersionsCsv,
   getVersionsJson,
-  computeVertionToUpdate,
+  computeVersionToUpdate,
   getLatestNpmVersion,
   getAnnotations,
   checkoutPlatorm,
diff --git a/scripts/updateNpmVer.js b/scripts/updateNpmVer.js
index 1f6672f11fc..90d7967c8f1 100755
--- a/scripts/updateNpmVer.js
+++ b/scripts/updateNpmVer.js
@@ -12,7 +12,7 @@ const fs = require('fs');
 const util = require('util');
 const exec = util.promisify(require('child_process').exec);
 const replace = require('replace-in-file');
-const {getAnnotations, computeVertionToUpdate} = require('./lib/versions.js');
+const {getAnnotations, computeVersionToUpdate} = require('./lib/versions.js');
 
 let exclude=[];
 
@@ -48,7 +48,7 @@ async function run(cmd) {
 /**
  * Allow exclude certain component package update, use ',' as separator
  */
-async function excludeComponents() {
+function excludeComponents() {
   for (i = 2;process.argv[i]; i++) {
     switch(process.argv[i]) {
       case '--exclude':
@@ -67,15 +67,16 @@ async function excludeComponents() {
 async function main() {
   console.log("Updating the NpmPackage annotation.")
   const annotations = await getAnnotations();
+
   if (process.argv.length > 2) {
-    exclude = await excludeComponents();
+    exclude = excludeComponents();
   }
 
   for (i = 0; i < annotations.length; i++) {
     if (exclude.includes(annotations[i].package)) {
       console.log('\x1b[33m', "skip updating " + annotations[i].package + " package");
     } else {
-      await computeVertionToUpdate(annotations[i]);
+      await computeVersionToUpdate(annotations[i]);
       await updateFiles(annotations[i]);
     }
   }