Steve Ballmer will soon leave Microsoft, but the name of his successor is currently up in the air. Microsoft is said to be in talks with several internal and external candidates, but there is no word on who actually is going to take the reins of one of the most valuable technology companies around.

Yet there is one name that everyone can dream about to guide Microsoft through these vexing times.

William Henry Gates III — better known to everyone as Bill Gates — is still seen, by fans and analysts as the one who could revitalize Microsoft, even if he joins on for a short term, a couple of years.

And even though the co-founder of the company has said on numerous occasions in the past that he has no intentions of returning in full capacity, analysts still think that he should — at least temporarily, until the board finalizes a new CEO that could help Redmond Empire on track.

Jack Gold, a tech analyst at Gold Associates said in a recent interview with USA Today:

“Maybe it’s time for Bill Gates to come back on a temporary basis.”

However, at the same time, the analyst opined that Microsoft could even look in Google’s backyard. The search engine giant, Gold believes, has many experienced executives that could help Redmond wade through the murky waters of transitioning to a devices and services firm.

“They need a proven innovator with a track record of turning around big, sometimes unwieldy companies.”

Still there is no cause yet to get our hopes up. Gates has shown no intention to return, and he is now one of the members of the new committee that Microsoft has set up to be in charge of finding a new CEO. In a press statement last week, Gates noted:

“As a member of the succession planning committee, I’ll work closely with the other members of the board to identify a great new CEO. We’re fortunate to have Steve in his role until the new CEO assumes these duties.”

Microsoft is probably going through one of its most interesting of phases. Just like in its early days, the technology titan is confronting severely tough competition from several competitors, none so other than operating systems and mobile platforms.

Shades of the 80s, anyone? Very!

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  • Ray C

    Microsoft is already getting on track.

    • Fahad Ali

      Quite true. But arguably the lost decade means things will take some time.

    • Rodney Longoria

      I agree, @disqus_aUjJoK3PRk:disqus.

      I’m excited about the coming changes. I don’t care that Microsoft won’t conquer the world in phones or tablets. They don’t have to do that, just make a decent dent in things to shake up the options out there. I’m looking forward to what Nokia is bringing out and the next generation of Surface, and of course Windows 8.1 in a couple of months.