The LEAD function in SQL is a powerful tool for analyzing sequential data. It returns the value of a specified column from a subsequent row within a result set, based on an ordering. This is different from the LAG function, which looks at preceding rows. Imagine you have a sales table tracking daily sales figures. Using LEAD, you can easily calculate the next day's sales, compare them to the current day's, and identify trends. The function is particularly useful in scenarios where you need to compare data points in a series. For example, in a log file, you might want to compare the current log entry with the next one to identify patterns or anomalies. It's important to understand that LEAD requires an ordering mechanism (typically an ORDER BY clause) to determine which row is considered 'next'. Without this, the results will be unpredictable.