Triple Exponential Smoothing, also known as the Holt-Winters method, is one of the many methods or algorithms that can be used to forecast data points in a series, provided that the series is “seasonal”, i.e. repetitive over some period.

Source: Holt-Winters Forecasting for Dummies (or Developers) - Part I - Gregory Trubetskoy

Here’s some other related reading perhaps usable in monitoring complex systems: